Our Mission

our_missionSmall Business Insurance Solutions

We’re here to put your interests first! We want to help you develop a solid foundation for dealing with life’s challenges and enduring today’s economic times. Unless you are an employee working for a company employing several thousand or more people, you won’t see benefits and perks like these. Whether you are an entrepreneur, self-employed, a tradesman, carpenter, electrician, plumber, photographer, real estate agent, writer, artist, or other individual looking for insurance benefits and other perks, you will be able to find them here. Insurance rates will never be lower and now is the time for you to apply.

Just what is insurance?

Insurance is the transfer of risk from one person or entity to another in exchange for fee payment or premium. This process sets up a system of risk management for hedging against possible losses. The history of insurance dates back thousands of years to ancient China and Babylonia. Wikipedia gives a great explanation and history with references:  http://wikipedia.org/wiki/insurance.

Why should I buy insurance, it never pays anything?

You buy insurance in order to protect yourself against a possible loss; it’s not designed for anything else. The longer you live, the greater the odds are that you are going to become ill, have an accident, or incur some other loss or injury. In my own case, I have had back surgery, hand surgery, neck surgery, suffered the loss of parents, a wife, and a brother. This doesn’t include a couple of traffic accidents. No amount of money will bring back my loved ones, but how do you think I was able to pay for the surgeries and loss of income during those periods? Insurance. Life insurance was also there to offset the other hardships caused by loss of family loved ones.

Why should I buy insurance now?

As I’ve already said, as time passes, the greater the likelihood of you experiencing an accident or illness. How many people do you think will experience an accident, broken arm from a fall, or illness this summer? Also, insurance can’t be purchased after the fact.

How will this site compare to the coming exchanges?

Going through this site should save you money even when the exchanges start enrollment on October 1, 2013. That is the date enrollment will start for the January 1, 2014 effective date. At that time all preexisting conditions must be accepted for coverage. In light of that, there is some concern that there will be a cost increase at that time to make allowances. Therefore current pricing will never be lower than it is now!

If I have pre-existing conditions, should I wait until October 1, 2013 to make application?

No. You shouldn’t wait. Just be truthful on your application and inform the insurance company of your situation. They could accept the condition or make other allowances, which you will then have the opportunity to accept or reject. Should you be rejected, apply again after October 1 and you will then be accepted in accordance with the law. The rates will probably be different but you should still be able to save money here over the public exchanges.

This isn’t like the Massachusetts exchange, how am I supposed to compare plans?

This site has been designed such that when you click on an insurance carrier’s logo, a new browser page opens up taking you to another website sponsored by that company. You can make comparisons by simply going back to the previous page and click on another company. Once you make your comparisons and decide which plan is best for you, go to that page holding the plan you like and submit the final application. Be careful that you don’t submit application before you’re ready and close all browser windows holding plans you’ve decided against.

I click on a plan and it says broker doesn’t hold a license in this state. What’s that all about?

Not all companies are available in every state. So, when you see this statement either that particular insurance coverage isn’t available in that state or we don’t have authority to sell insurance in that state yet. Please click on another company for the coverage you are looking for. In the next few weeks we will have licenses in all states. Please be patient and check back with us.

I’m a small business owner with twenty full time and four part time (20 hours a week each) employees. I’m thinking about starting insurance for them. What do I need to do to qualify for tax credits and how much will they be?

With the coming exchanges, employers such as yourself are being offered tax credits for offering their employees healthcare coverage. In order to qualify for these credits, they must have:

  • Twenty-five or fewer employees
  • Pay these employees less than $50,000 a year
  • Pay 50% or more of the employees’ annual healthcare coverage.
  • (http://www.irs.gov/uac/Small-Business-Health-Care-Tax-Credit-for-Small-Employers) There are a lot of variables to be considered after this point. A conversation would be better suited for answering your question on an individual basis. Please use the Contact Us function and we will be more than happy to answer this question on a more personal basis.

I’m about to get a rate increase, what happens to my grandfathered plan?

  • An employer with an existing employee plan in place is going to want to keep the plans “grandfathered” status under the Affordable Care Act.
  • This doesn’t mean he has to stay with the same carrier. He can change carriers so long as the new plan offers the same benefits as the one now in existence.
  • The new plan’s copay amounts cannot increase.
  • The amount paid by the employer for employee coverage cannot decrease. The amount being currently contributed establishes a floor.
  • However, an employer, when faced with a rate increase, can decrease the rate at which he contributes by up to 5% so long as he does not go below the floor established in the grandfathered plan.

Let’s say that an employer contributes to his employees plan at a rate of 60%. The total cost per employee on the plan is $700.00 of which the employer pays $420.00 (the floor) or 60%. The plan is experiencing a rate increase, which will cause the new premium cost to total $800.00. Instead of contributing $480.00, the employer can decrease his contribution rate to 55% and contribute $440.00, which is above the $420.00 floor. In doing so, the employer maintains his plan’s grandfathered status.

How will premiums be charged and collected?

Premiums will be paid directly to the respective insurance company carrier whether by ACH, credit card, or monthly billing via the mail.

How are claims handled?

  • Each carrier’s respective claims department handles all claims.
  • Each participant will receive an insurance card containing the appropriate contact numbers.

What’s in the Perks section?

  • Usually such a program is seen in companies with 5000 or more W-2 employees.
  • Such programs offer employees of those companies online services offered by retail concerns and other manufacturers sometimes at a discount.
  • This section will continue to grow and be developed for the benefit of site members – you have to register and sign in for these Perks.
  • Thus far we have Austin, Texas based Golfsmith and a few other concerns.