Large Group Health Insurance
If a company grows in employees and exceeds the limit of a "mid-size" company, they will be classified for a corporate or large group health insurance policy. There are advantages and increased flexibility offered to large group health plans. Most health insurance companies can tailor a truly customized program for the employer. And they will provide several health plan choices to an employer, allowing each employee to choose from a menu of health plan options. This is beneficial because one type of health plan may be suitable for one employee and not another.
Since this is the highest classification of group health insurance there is usually no maximum to the number of employees accepted.
Extra benefits may also be available to large groups that are not provided to other group sizes. This is because large business health insurance spreads risk among people of varying age groups and health statuses.Self Insurance becomes more of a focus, especially for groups over 500 employees.
Contact the MDW Insurance Group at (305)444-2324 for a cost-effective benefits package that includes any or all of the following types of insurance and services:
- Medical
- Dental
- Vision
- Life
- Voluntary Group Benefits
- Long-term and Short-term disability
- Long-Term Care
- HSA’s
- Flexible Spending Accounts
- Section 125 Administration
- Cobra Administration
- Foreign Nationals Coverage
- Wellness Programs & Health Fairs