Individual vs Small Business Health Insurance: California Guide

Individual vs Small Business Health Insurance: California Guide

What’s the Better Value – Individual or Small Business Health Insurance? We get asked that question a lot from small business owners when it comes to both their own personal health insurance as well as whether or not their employees would be better off getting coverage from the individual health insurance exchanges. To determine whether…

How to Choose Health Insurance – Startup Edition

So you’ve taken the plunge and started your own company, or joined a startup as an early employee. In addition to the amazing perks of bottomless Red Bull and Top Ramen – you realize you don’t have health insurance anymore. Given the likelihood of vitamin B12 deficiency and/or MSG-poisoning, you need coverage, and soon. But…

HSA vs. HRA vs. FSA – Health Tax Benefits Explained

HSA vs. HRA vs. FSA – Health Tax Benefits Explained

So many acronyms – so little time. Here’s your guide to getting tax benefits on your medical expenses. Here at SimplyInsured – we want to make your life easier. Health Savings Account (HSA) Health Reimbursement Account (HRA) Flexible Spending Account (FSA) Who can contribute Employer or Employee Employer only Employer or Employee Maximum yearly contribution…

Health Insurance Network Types – PPO vs. HMO vs. EPO vs. POS

One of the most common questions we get at SimplyInsured is “What is the difference between an HMO and a PPO?” We’ve created a simple table to help understand. First – some definitions: Network Type: A general label for the “level of restriction” of plan, and the level of coverage provided in-network and out-of-network. Common…

Bad Advice Costs Small Businesses $12 Billion In Higher Health Insurance Premiums

Last week, the National Small Business Association (NSBA) published the 2014 Small Business Health Care Survey. The survey of 780 small businesses illustrated the health insurance challenges they face today. Two findings in particular caught our attention: Surveyed companies spent $1121/month per employee on small business health insurance costs 74% of businesses bought the insurance from a…

California Small Business Health Insurance Guide

California Small Business Health Insurance Guide

California Market Overview The California small business health insurance market is one of the most competitive and complex insurance markets in the country. For a small business, there are many health insurance options to choose from – multiple carriers, tiered doctor networks, government exchange vs private market plans, etc. The large number of options in…

Illinois Small Business Health Insurance Guide

Illinois Small Business Health Insurance Guide

Illinois Market Overview The Illinois small business health insurance market is a competitive and complex insurance market. For a small business, there are many health insurance options to choose from – multiple carriers, tiered doctor networks, government exchange vs private market plans, etc. The large number of options in the Illinois market can make looking for…

Florida Small Business Health Insurance Guide

Florida Small Business Health Insurance Guide

Florida Market Overview Small businesses in Florida can choose from many health insurance options – multiple carriers, tiered doctor networks, government exchange vs private market plans, etc. The large number of plans in the Florida market can make finding the right health insurance plan intimidating. SimplyInsured’s guide to the Florida market can help narrow the downs…