Earlier this week we discussed that the open enrollment period for individual health insurance is closed and will not re-open until November 15, 2015, for coverage to take effect 1/1/2015. What about group health insurance? Is the open enrollment period closed for that as well?
I'm happy to share that it is not, and if you are waiting to start a group plan until 2015, there is no reason to wait. There are many benefits of a group medical plan to the individual employee and to your business. Group medical insurance and additional voluntary (employee-paid) benefits can be your best tool for recruiting and retaining great employees. Group medical insurance can be payroll deducted using pre-tax dollars and therefore costs you and your employees less money than if they bought the same coverage in the individual marketplace.
My team and I can provide you a group health insurance proposal customized to your business needs. If you have additional questions or would like to schedule an appointment, please give me a call at (580) 223-7300 or send me an email at jbramlett@bramlettagency.com. Check out our website for more information on additional programs: www.bramlettagency.com
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Jake Bramlett
Complex Risk Advisor
Posted Friday, August 15 2014 9:30 AM
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