The Pilot said:
Small engineering design firm (less than 10 employees). Our health insurance plans have increased over the last few years as I'm sure is the case for everyone. We've used a broker to help us find the "best plan". The last few years we've had Blue Cross Blue Shield.
What are other small businesses doing? Would we get a better rate going directly through BCBS?
Cigna works with a lot of TPA to offer companies from 8-50 employees for level funded plans, where it is partially self insured backstopped by reinsurance.
We have am open access PPO through Cigna, deductible of 2K, max OOP 3k and are averaging 525 a month for Employee Only coverage, with
so far monies left over in the claims fund so our real OOP rate is closer to 425 a month. We are on year three. We hvae a risk pool or 27 employees + dependents. My health insurance cost me 2-3% of my revenue.
Look into ATA or Starmark. Loads better than most offerings to small business. PM if interested in more details.
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