How do you get small business medical insurance quotes? If you’re in the market for a small business medical insurance plan, you can find three things you need to know about getting quotes. You’ll pay exactly the same price for exactly the same plan no matter where you buy. Comparing quotes for different plans can help you save money, and online quotes are susceptible to change. Let’s look at all these in more detail.
First, you need to know that medical insurance prices are filed with state authorities every year, and nobody is allowed sell a medical insurance plan for a cost that’s distinctive from the originally filed price. So you’re going to pay exactly the same price for exactly the same plan, no matter where you buy it. Meaning you won’t obtain a discount if you buy directly from the insurance company, for example. If you buy via a licensed agent, you obtain personal help and advice for the life span of one’s coverage at no additional cost to you.
Second, you should compare quotes from multiple insurance companies and multiple plans. The only path you’re going to find a very good match for your needs and budget is to look around. Licensed agents can typically demonstrate quotes from different insurers in your area.
Third, when you should start with looking for quotes online, you need to find out that the last premium you’ll pay may change based on your own final employee count and other factors specific to your situation.
Many small businesses also adjust the deductible and copayment options for plans they’re considering, in order to make monthly premiums more affordable. Begin with online quotes, but utilize a licensed agent to refine those quotes and get a much better concept of what your final costs may be.