August 7, 2012- Compare Health Insurance, a San Diego health insurance brokerage, announces an opportunity for small groups between 2-50 employees to lock in a .90 rate adjustment factor for up to 24 months.
Anthem Blue Cross is now offering qualifying groups, with new business effective dates from October 1, 2012 to December 31, 2012, a 24 month rate adjustment factor of .90. This offer adds up to a significant cost savings for groups who meet certain underwriting requirements. Compare Health Insurance can advise on the necessary requirements to qualify for this discount including groups without prior health insurance coverage.
In addition, Anthem Blue Cross has also introduced a Priority Select HMO plan which offers a lower monthly premium with a smaller network of available physicians. Priority Select plans start as low as 201.00 per month which can be a great way for struggling business to cut their benefit budgets but still offer a plan with the same benefits.
John Weiss, owner of Compare Health Insurance based in California, says "this new plan can also be used as a temporary measure to reduce costs in certain years if employees are not actively utilizing medical services. This is one possible option for employers to consider looking to get more value for monthly premiums paid."
Blue Shield of California is reducing the premium for the month of September 2012 with a one time credit of 18%. This credit will be reflected on the September bill but will reflect the current policy coverage as of July 31, 2012. The credit will be issued to the employer which will then be able to decide how and whether to distribute these funds to its employees.
Compare Health Insurance specializes in all types of business health insurance coverage regardless of industry and can advise on how to both improve health insurance coverage while simultaneously lowering premiums.
Please feel free to contact Compare Health Insurance toll free at 888-504-6171 with any questions or request a free no obligation quote.
