Our Group Health Insurance Packages
At Burton & Company, we’ll work with you to set up a group health insurance plan that meets the needs of your business. We’ll consider factors such as the size of your company, your cost parameters, and your employees’ needs.
Here’s a brief look at the two main categories of group health insurance plans.
Health Maintenance Organization (HMO)
An HMO is one of the most common types of group health plans. It uses a specific network of providers, with copays and deductibles that are agreed upon in advance. Employees choose a primary care physician and can enjoy lower out-of-pocket costs and premiums. However, they must stay within the network to receive coverage and get a referral from their PCP if they need to see a specialist.
Preferred Provider Organization (PPO)
With a PPO, employees pay lower negotiated rates when they stay within the healthcare provider network, but they do not have to choose a PCP and are free to see providers out of the network without having to pay full price. PPOs typically have higher premiums than HMOs.
Other Types of Group Health Insurance To Consider
We provide organizations with the following group health insurance plans to ensure proper coverage for all employees and their unique needs.
Group Dental Insurance
Group Dental Insurance can make dental care more affordable for your employees. These policies typically offer free cleanings and regular checkups, which can encourage your employees to obtain preventative care that reduces the chances of encountering more serious dental problems in the future.
Group Voluntary Benefits
Group voluntary benefits allow you to offer employees more extensive coverage at attractive group rates without incurring additional costs to your company. You can offer vision, dental, disability, life and other types of coverage as group voluntary benefits.
Group Disability Insurance
Group Disability Insurance can help an employee meet their living expenses if they suddenly find themselves unable to work because of a disability or illness. This type of policy will replace their lost income, providing them with a financial cushion in their time of need.
It’s available as a short-term policy, which provides coverage for 3 to 6 months, or a long-term policy, which can provide coverage for several years or decades ,or until the employee reaches retirement age. It typically provides more than 50 percent of the employee’s lost wages.
Group Vision Insurance
A group vision insurance policy can cover preventative eye care, such as eye exams, and reduce out-of-pocket costs for employees. At a time when screen use is climbing significantly, eye strain and related problems are impacting productivity, and regular eye exams are more important than ever.
Learn More About Group Health Insurance From Burton & Company
Show your workforce how much you value their contribution and their health by offering attractive group health insurance benefits. To find out more about our health insurance offerings, reach out to Burton & Company today. You can request a quote online or call us at (888) 652-1325. Our friendly and experienced agents will discuss your business’s needs with you and provide you with a free customized insurance quote.