When you are looking for a company in Fort Collins, Greeley, Longmont, Loveland, Windsor, and the surrounding areas that you might want to work for, one of the things that you will likely be looking for is if the company offers help with health insurance coverage, among other things. This means that you wouldn’t need to look for your own health insurance coverage. This also likely means that the employer is paying for at least some of the cost of the health insurance, which is commonly referred to as an employer sponsored benefit. As a business owner, you want to be looking for the most cost-effective option for health insurance that you can find. This is why you need to partner with Volk Insurance Benefits.
Why Work with An Independent Insurance Brokerage
Volk Insurance Benefits is an independent insurance brokerage. They have been doing this for 30 years, so they know what they are talking about. Working with an independent insurance brokerage means that they will be working for you to get you the best coverage for the least amount of money. Volk Insurance Benefits works with a number of top insurance companies and they can find you the right coverage that you want to offer as an employer sponsored benefit to your employees.
Levels of Health Insurance Coverage
As a business, when you offer your employees an employer sponsored benefit such as health insurance, these are commonly referred to as group insurance. That’s because the insurance company agrees to take on the entire group of your employees, though your employees are not required to take that insurance offered. When you are looking at the different group health insurance options each insurance company comes back to you with, you will likely see that there are three and possibly four levels of coverage that your employees can choose from.
- The Platinum Plan – these plans are the most generous and also the most expensive option. These plans are designed to cover as much as 90% of eligible medical expenses.
- The Gold Plan – these plans are designed to cover up to 80% of eligible medical expenses.
- The Silver Plan – these plans are designed to cover up to 70% of eligible medical expenses.
- The Bronze Plan – these plans are designed to cover up to 60% of eligible medical expenses. As you might guess, this is the least expensive option of the bunch.
The expert team at Volk Insurance Benefits can help explain all of the details and what it all means for you and your employees at your Fort Collins, Greeley, Longmont, Loveland, Windsor, or surrounding area business. Call them today to get them working for you.