Group Health Insurance
Helping companies, businesses, municipality and other entities of all sizes to get them the right health insurance. We have access to all major health insurance carriers in this space. Aetna, Horizon Blue Cross Blue Shield, Cigna,
and so much more. We can customize a solution for your health insurance depending your companies needs. Health Insurance can be one of the largest expenses for the employers, get the best options for the cheapest rates.
Thanks to the forever changing world of health insurance there are many plans to choose from; HMO, EPO, HSA, POS & PPO plans that will accommodate your needs for health insurance, whether, you are just looking for a plan to cover you locally or have employees across the country.
Health insurance plans will have a metallic tier to show the actuarial value of the plan. Rates are based upon each enrolling member's age & geographical location:
Platinum - 90%
Gold - 80%
Silver - 70%
Bronze - 60%
Dental Coverage -- May be purchased as a standalone plan or as a rider (an add-on depending on the carrier) to a group health plan.
Vision Coverage -- May also be purchased as a standalone plan or as a rider (an add-on depending on the carrier) to group health plans.
Pediatric Dental -- As of January 1, 2014, all groups must have a pediatric dental plan in place upon renewal regardless if there are dependents enrolled on the health plan or not. Groups are obligated to either purchase a Stand-Alone Pediatric Dental (SAPD) from the carrier plan or provide reasonable assurance that they have purchased Exchange-Certified SAPD from a different issuer. A few carriers have opted to include the pediatric dental in the medical plan.
Pediatric Vision - Similar to the pediatric dental this is now a requirement for all health insurance plans, however the pediatric vision is built into your small group medical plan.
LARGE GROUP LAW
Health Insurance Legislation requires large group employers to Pay or Play. All employers that employ at least 50 full-time employees or an equivalent combination of full-time and part-time employees are subject to the Employer Shared Responsibility Provisions. The determination of a large employer is made based on the following Internal Revenue Codes: IRC § 414 (b), (c), (M) or (o).
Large groups must offer affordable coverage that provides a minimum level of coverage to their full-time employees and their dependents or the employer may be subject to an Employer Shared Responsibility Penalty if at least one full-time employee receives a premium tax credit for purchasing individual health insurance through the marketplace. Please review the final regulations issued by the Treasury and IRS or contact your CPA regarding tax penalties.
For more information on Employer Shared Responsibility click here for IRS FAQ.
Get the best Group Health Insurance with the cheapest rates for insurance in New Jersey, New York, Pennsylvania, & Florida. Don't hesitate to call an AMH Insurance broker, today to learn more & Get a Free Quote !