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Group Health Insurance

Affordable, Quality Health Insurance is Within Reach

Who needs a Group Health Plan?

Building a successful business is enough hard work, without the added headache of finding affordable, quality health insurance. Whether you're just starting out or own a small business with multiple employees, you're going to need help finding and securing health coverage.

Going into business for yourself can be a bit of a gamble. But not insuring yourself, family, or employees only raises the stakes. The two groups who should be most interested in a group health plan are:

  • Self-employed persons who often think health insurance is an unaffordable luxury

  • Small business owners who know employer-sponsored health insurance is one benefit workers truly value

 

Health insurance helps protect your finances in the following ways:

  • Discounted rates for medical care. Insurance companies negotiate rates with health care providers. Without that feature, even the cost of a regular checkup or office visit can be twice as high

  • Spares you unexpected medical costs. Bankruptcy, due to hospitalization over an unforeseen injury, happens more often than you’d think

  • Protects your ability to work. If you don’t have your health, it isn’t possible to work

  • Improves access to quality care. With a group health insurance plan, you gain access to a broader network of health care providers than you would have, otherwise

  • Encourages a healthier lifestyle with regular checkups and preventive care that won’t cost you too much and are likely included in your policy.

  • Shields your business from personal medical costs. Unexpected personal medical expenses can impact your personal liability for medical costs. Health insurance can help you keep your business protected

  • Hire and retain great workers. Employer-sponsored group health insurance coverage is a valuable inducement to top talent, as well as an important consideration in complete compensation packages

 

What kind of health plans are available to business owners?

There are two primary categories of health insurance for small business owners and self-employed persons to choose from:

  • Individual and Family Plans purchased by individuals to cover themselves or their families

  • Small Business/Group Plans that are employer-sponsored health coverage

 

After that, there are more plan options to choose from:

Preferred Provider Organization (PPO) plans are the most popular for individuals and families. It’s your responsibility to make sure that the health care providers you visit participate in the PPO. A PPO plan may be right for you, if:

  • Your doctor already participates in the PPO

  • You want to direct your own health care and can work with the predetermined preferred provider list

 

Health Maintenance Organization (HMO) plans offer health care services through a network of providers who contract exclusively with the HMO or who agree to provide services to members. An HMO plan may be right for you if:

  • You’re willing to coordinate your care through a primary care physician and follow the rest of the HMO guidelines

  • You enjoy preventive care, such as coverage for checkups, immunizations, and similar services

 

Health Savings Accounts (HSA) eligible plans are usually PPO plans with higher deductibles, designed for use with HSAs. Similar to a flexible spending account (FSA) or 401(k), an HSA is a special bank account, which allows participants to save pre-tax money, specifically for future medical expenses. An HSA-eligible plan may be right for you if:

  • You want to pay for health care expenses with pre-tax dollars

  • You’re relatively healthy and don’t need lots of care or doctor visits

  • You prefer a cheaper monthly premium, even if it means having a higher deductible

  • You want to “roll over” your contributions each year

 

Indemnity plans allow members to direct their own health, visiting any doctor or hospital they like most. Because of this freedom, Indemnity plans are sometimes more expensive than other types of plans. An Indemnity plan may be right for you, if:

  • You want the greatest level of freedom possible in choosing which doctors or hospitals to visit

  • You don’t mind coordinating the billing and reimbursement of your claims, yourself

Contact us today for more information and to get a quote:

Contact

 

Office: *855-627-4466

Toll-Free: *855-NASHIONAL

 

Texas - Main Office

5900 South Lake Forest Drive

Suite #300

McKinney, TX 75070

 

New Jersey

100 Morris Avenue

Suite #205

Springfield, NJ 07081

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Disclosures

WARRANTIES & DISCLAIMERS

 

There are no warranties implied.

Insurance products and services are offered and sold through Nashional Independent Insurance Agency LLC and its appointed agents who are individually licensed in all appropriate jurisdictions.

 

Nashional Insurance, and all other companies referred to, are not attorneys. Please consult with an attorney for legal advice.

 

Nashional Financial consists of Nashional Independent Investment Management LLC ("RIA Firm") and Nashional Independent Insurance Agency LLC. Investment Advisory Services are offered through Nashional Independent Investment Management LLC, a registered investment adviser. Nashional Independent Investment Management LLC may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Nashional Independent Investment Management LLC's web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Nashional Independent Investment Management LLC's web site on the Internet should not be construed by any consumer and/or prospective client as Nashional Independent Investment Management LLC's solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Nashional Independent Investment Management LLC with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Nashional Independent Investment Management LLC, please contact the state securities regulators for those states in which Nashional Independent Investment Management LLC maintains a registration filing. A copy of Nashional Independent Investment Management LLC's current written disclosure statement discussing Nashional Independent Investment Management LLC's business operations, services, and fees is available at the SEC's investment adviser public information website – www.adviserinfo.sec.gov or from Nashional Independent Investment Management LLC upon written request. Nashional Independent Investment Management LLC does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Nashional Independent Investment Management LLC's web site or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

 

This website and information are provided for guidance and information purposes only. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy. This website and information are not intended to provide investment, tax, or legal advice.

 

Nashional Independent Financial Group LLC and other companies referred to within this document are not CPA firms. Tax replated services are available through an affiliated entity, Nashional Tax Planning LLC

 

Tax and accounting services are offered through an affiliated entity, Nashional Tax Planning LLC.

 

1031 Exchange services are offered through an affiliated entity, Above & Below 1031 LLC.

 

Commodity futures and options are offered through Lakefront Futures & Options and aiSource (collectively, "Lakefront"), an unaffiliated third party for which Nashional Financial has no ownership interest. Jeff Nash serves as a Branch Office Manager for Lakefront. Trading commodity futures, options, and foreign exchange involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. Managed accounts and/or managed futures are risky and may not be suitable for all investors. Please consult with a Managed Futures specialist prior to investing.

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Our Privacy Policy can be found here.

 

The account security policy for the web-based budgeting and planning tool that we use can be found here.

 

Nash-Up prices are subject to change without warning.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation.

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