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1. The quote comparison is based on 13 employees, some with spouses, children and families.
2. The final cost for each comparison is the highest quote for the services requested.
3. However, depending on the health of the group, a 15% reduction is possible.
4. Individual circumstance and possible restrictions will change the final cost.

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Sample Quote: Comparing Summary of Benefits.



Specifically related to obtaining and comparing insurance quotes.

Can I buy health insurance for less from the insurance company?
No! Insurance premiums are standardized and the cost will be the same whether the plan is purchased directly from the insurance company or through an insurance broker. Commissions are built-in both quotes.

However, there are specific advantages to using a good insurance broker. A professional agent can provide you with a wide variety of front-end and post-sale services, which will save you an enormous amount of time and money. Helping you select a plan and then being available to answer questions on processing claims, adding and deleting employees and keeping abreast of the ever-changing insurance regulations can be a real tangible benefit to your company.

Can an insurance broker negotiate a lower premium for me?
No! Again, Insurance quotes and subsequent premiums will be the same through all insurance brokers.

Should I get quotes from multiple insurance brokers?
Not necessarily! If you fill out multiple insurance census forms through multiple brokers they will all be submitted to the same insurance companies for quoting, which will always come back with the same price. It would be better and less confusing to pick an insurance broker that you are comfortable with and provides you with valuable Services after the Sale.

Please see INS FAQs for additional Information.
  

 

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