Affordable Connecticut small business health insurance is not a myth. There are some free resources available to help you reach a cost-effective solution to your needs.
As the backbone of our economy, it seems unfair that small business owners are paying the most for their health care. They pay significantly more than large corporations, who have the group numbers to spread the risk and reduce premiums, and the cash to absorb the rising costs of coverage. They are also put at a disadvantage compared to competitors’ small businesses that don’t provide employer-based health care.
Here are two things you can do to help offset the costs.
Use the internet. The internet is hands-down the best tool for researching insurance companies. Every legit company has a website you can visit and apply for insurance on quickly. Services like Netquote and Ehealthinsurance are free and provide side by side comparisons from different companies to save you time and money.
Increase the size of your group. Joining with other small business to form a larger group is a good idea. This can significantly reduce the costs of premiums because it spreads the risk out among the group. Your local Connecticut Chamber of Commerce or the Connecticut Department of Insurance may have an insurance pool under which they can place your business. This is basically a group formed for the purpose of reducing costs.
Ask for higher deductibles and co-pays. This rule applies to just about every form of insurance, and is always guaranteed to reduce your rates.
Doing your research, understanding your business’s needs, and knowing what’s available will empower you to make a more informed decision. Applying the information will lead you to the best small business health insurance plan.
For more information or quotes in Connecticut visit http://www.esmallbusinesshealthinsurance.com/connecticutsmallbusinesshealthinsurance.html
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