Group Health Benefits
Group health insurance—sometimes called employer-based coverage—is a type of health insurance plan offered by an employer of a member organization. Members of a group health insurance plan usually receive coverage at a lower cost because the risk to the insurer is distributed across multiple members.
Under the Affordable Care Act (ACA), businesses with 50 or more full-time employees must provide health insurance to full-time employees and dependents under the age of 26 or pay a fee. Insurers are also required to provide group coverage to organizations with as few as two employees. Some states allow self-employed individuals to qualify for group coverage plans as well.
Every company wants good business strategies to make sure they are ahead of the competition. One key strategy is to make sure you are attracting the best qualified candidates by offering a cost effective Group Benefits medical insurance plan. A group plan can be a significant factor in retaining good employees too.
Partnering with an Independent Agency like Sungate Insurance to provide a competitive plan, could be what sets you apart! We help you attract and retain your winning team.
Our experienced Advisors work with employers that have as few as 2 employees to employers with hundreds of employees. There is no business too big or too small for us! Partnering with the Top Insurance Carriers, Brokers and Third Party Administrators we are able to create a unique plan with support for your business needs and goals. As your business grows we will be there to adjust and support.
At every renewal SunGate Insurance Agency will be your advocate. We will work diligently in advance of your renewal to obtain the best pricing and help you compare your options with different plans. This will allow you to consider all of your options so that you can make the very best decision for you and your team. During this time we will also help you review and understand your loss history and claims experience. Using this knowledge we will work together to take advantage of the available programs to help keep your employees well and educated on how they can best use the benefit program.
Speaking of options do you know the difference between Fully Funded and Self Insured Benefit programs? Our knowledgeable staff will always look at both options for your business. When Self‐Funded programs make sense business are even able to retain some of their premium investments which in the end can save thousands of dollars.
Fully Funded vs. Self Insured Benefit programs
Major Types of Group Benefits
Group Health Insurance
Group Life Insurance
Group Disability Insurance
Group Accident/Supplemental Insurance
Supplemental insurance is extra or additional insurance that you can purchase to help you pay for services and out-of-pocket expenses that your regular insurance does not cover in the event of an accident or other covered loss.
Group Dental/Vision Insurance
When organizations want to offer the best dental and vision care benefits to attract and retain the best employees they need to work with our group dental and vision experts. We have access to the benefit plans that will keep your group members, employees, and their families healthy.
Need Help to Review Your Insurance or Compare Quotes? Contact Us.
Contact SunGate Insurance Agency today learn more about the type of insurance you need. Click here to contact us or call (407) 878-7979.
SunGate Insurance Agency Coverage
Home Insurance, Auto Insurance, Health Insurance, Group Health Insurance, Property Insurance, RV Insurance, Renters Insurance, Event Insurance, Insurance Bonds, Life Insurance, Business Insurance, Workers Comp, Flood Insurance, Personal and Commercial Umbrella Insurance and more!
Located in Lake Mary, Florida (serving clients Nationwide and locally in Orlando, Maitland, Heathrow, Longwood, Windermere, Kissimmee, Orange County, Seminole County, Lake County, Ocala, Clermont, Leesburg, Mt. Dora, Winter Garden, Davenport and surrounding Central Florida areas.)