Florida Group Health Insurance
Employers in Florida are able to save, find, compare, and enroll in group health insurance with Sanus Benefits. All throughout Florida the Sanus Benefits Portal gives you access to unique, affordable, and comprehensive health insurance options. In fact, we even have unique Association Health Plans available in Florida such as the Association of General Contractors Health Plan. We include all plan types in our quoting such as: Fully Insured Health Plans, Level Self-Funded Plans, Self-Funded Plans, Limited Benefit Plans, and Reference-Based Pricing Options. Depending on your group, any one of these options could be a good choice for you and your employees. Your personal local Florida Group Health Insurance consultant will be able to guide your group through quoting and ensure you receive quotes from plan options that would most benefit your populace.
Group Health Insurance in Florida
The first step in saving on your group health insurance is to get a quote. The quoting process is simple and easy for most Florida Employers. You will need to provide your census information, and preferably claims and renewal information as well. We streamlined this process for you via the Sanus Benefits Portal. It generally takes less than 5 minutes to quote all various carriers after the census is uploaded.
As I mentioned earlier, we offer unique plan options to specific areas of Florida as well, making the Sanus Benefits Portal the best option for Florida Employers. After you request a quote, you will be brought to our unique health insurance quote page that allows you to compare all carriers in Florida side by side. We are the only customer-facing online quoting portal currently in the market and have perfected the entirety of the process from start to finish.
Not only do you have the ability to review, analyze, and price compare health insurance options, but all other group benefits as well. After you select which plans to move forward with, the Sanus Benefits Portal creates a benefit packet on your behalf which you can pass out to start online enrollment immediately.
Florida Employee Benefits Quoting Considerations
Below are all of the various Considerations you need to take into account in addition to price when making a decision on Health Insurance for your Group in Florida.
Florida Employee Benefits Compliance
When offering group Health Insurance in Florida, there are certain mandates you need to adhere to just as across the country. The most notable of these mandates is the ACA (Affordable Care Act). The ACA requires all employers with 50 or more full-time equivalent employees to offer health insurance to their employees. Notice it does say equivalent, part-timers are added together for the purpose of calculating whether or not your group is considered a 'Large Group'. The ACA also requires that all plans offered to employees are ACA compliant. This means that all plans offered to employees must cover the 10 essential health benefits. These benefits include: Ambulatory Patient Services, Emergency Services, Hospitalization, Maternity and Newborn Care, Mental Health and Substance Use Disorder Services, Prescription Drugs, Rehabilitative and Habilitative Services, Laboratory Services, Preventive and Wellness Services, and Pediatric Services. In addition to the ACA, there are other reporting and compliance requirements that need to be met. Such as 1094/1095 Reporting, HIPAA, Mandated Notices, and much more. Employers can rest easy with Sanus Benefits, we provide: Benefits Booklet w/ All Required Notices, Regular Compliance Updates, HIPAA certified Consultants Available to Employer & Employees, Employee Coverage Tracking, and all other Compliance documents.
Network Of Florida Doctors And Plan Types
There are a variety of plan types and networks for employer health insurance in Florida. It is hard for employers to decipher their meaning and the best option for their group. There are PPO, HMO, and EPO plan types. PPO Health Plans are the least restrictive of these options. PPO plans generally have affordable copays, and a wide selection of providers/doctors. If your employees are adamant on using their doctor, then I highly recommend a PPO option. Unlike the other options, PPO plan types even offer coverage for Out of Network Providers. EPO plans generally have the same network size as PPO plans (They use the same in-network doctors). However, EPO Plans do not offer out-of-network coverage. HMO plans are the most restrictive of the three plan options. HMO plans sometimes require employees to designate a primary care provider, and only go to specialists he/she recommends. However, not all HMO options have this restriction. Either way, HMO networks are the smallest in comparison with EPO and PPO plans. In addition to having the smallest network, HMO plans like EPO plans do not offer coverage to out-of-network providers. This is just a quick synopsis of differences. To get exact details on your plan type, I would recommend reviewing the SBC (Summary Of Benefits And Coverage). The SBC will show your coverage details, and plan type. The other aspect is the network of doctors/providers. Some carriers have a larger network than others and some have access to premier providers in a certain area while others do not. The Sanus Benefits Quote Tool will allow you to quickly access each plan's network for an in-depth comparison. This will also ensure you are checking the right network for each plan you are reviewing.
Florida Health Insurance Carriers Quoted
The Florida Health Insurance industry is very competitive and complex. The most affordable Health Plan in Miami, Florida can very well be the highest costing plan in Tampa, Florida.
Price is not the only difference, some carriers are not available statewide or use an alternative network when out of their coverage area.
Also, you should make careful note of how many carriers you receive quotes on and why. 10 years ago this was a non-important factor because there were only 4 carriers available. Now there are over 10 Health Insurance Carriers available with some areas having even more. They all use different underwriting methods, various plan options, unique cost-saving features, different networks, and other exclusive benefits to each.
With the additional complexity being added each year, and the numerous opportunities to make a mistake, it is apparent an online solution is needed to keep everything in line.
Our comprehensive Florida Employer Health Insurance Market Review via our group quoting portal will include these details and more to make sure you receive the best deal for your wallet as well as your health.
Health Insurance Funding Types Available in Florida
Not only do employers need to be aware of the plan types (PPO, HMO, EPO) they also need to be cognizant of the funding type. This is a term you do not hear from most consultants but it is very important. In Florida, there are Fully Insured plans, Level Self-Funded Plans, Self-Funded Plans, and Reference-Based Pricing plan options. All of them can meet the ACA coverage requirements, some have more customization than others. What are the main differences with these funding options?
