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Contact us today for more information
Everyone's costs go up when even one person gets sick
Employees lose their health insurance when they lose their job
Costs increase every year for fewer benefits.
Employees lose their health insurance when they lose their job
Costs increase every year for fewer benefits.
| Better Small Group Benefits for Less |
- Employees choose the health coverage they need.
- Employers save up to 50% on their health benefit costs
| Call 888-207-8368 To speak with our small group specialist |
The Solution: TennHealth Insurance Services helps you utilize the
new tax laws to allow your employees to have personal plans, allows you to
set your contribution (if any) and get's the employer out of the insurance
business.
new tax laws to allow your employees to have personal plans, allows you to
set your contribution (if any) and get's the employer out of the insurance
business.
Our program allows
insurance policy
Personal policies cost less than 1/2 the price even from the same
carrier as their group coverage
State-guaranteed personal policies are now available for
employees with preexisting medical conditions
New regulations allow employers to pay tax-free for premiums on
personal policies, just as employers do for group coverage
Personal policies cost less than 1/2 the price even from the same
carrier as their group coverage
State-guaranteed personal policies are now available for
employees with preexisting medical conditions
New regulations allow employers to pay tax-free for premiums on
personal policies, just as employers do for group coverage
Our preferred insurance plans are offered by:
What's wrong with your group health benefits program?
Step 1:
Choose a monthly Allowance for each employee
Similar to a business expense account, the money stays with the company
until an expense is incurred
Step 2:
Employees select their health insurance policy
Employees choose policies that best fit their needs and typically cost less
than ½ the price
Step 3:
Reimburse employees tax-free.
Employers use our HRA program to reimburse employees for their
insurance premiums and medical expenses
| TennHealth Insurance Services 210 Hidden Hills Cir Lexington TN 38351 731-968-8403 |
View CNN news report about our
solutions for small businesses.
solutions for small businesses.
| Want to provide benefits to your employees with zero net costs to the employer? We can help. |
So, what's the catch—why doesn't every employer offer their employees personal health
policies?
•Most people, even experienced group health insurance agents, incorrectly think that personal
policies cost more than group policies. However, most states have put laws in place to allow carriers
to sell personal policies to healthy people for much less than a typical employer group plan--
provided the carrier guarantees that policyholders can renew without a rate increase based on their
future illnesses.
•Few employers and employees know that federal law since 2006 requires all states to offer state-
guaranteed personal policies to employees with preexisting conditions that used to be covered by a
group plan (called HIPAA-eligibles). Forty (40) states go beyond this federal mandate making such
state-guaranteed personal coverage available to all their residents.
•The federal government now allows employers to reimburse employees, tax-free, for the premiums
paid on personal policies--provided that employers comply with HIPAA, ERISA, and IRS privacy and
non-discrimination rules. This new regulation can greatly reduce the after-tax cost of personal
policies for employees and employers. We ensure your company complies with the required
regulations.
policies?
•Most people, even experienced group health insurance agents, incorrectly think that personal
policies cost more than group policies. However, most states have put laws in place to allow carriers
to sell personal policies to healthy people for much less than a typical employer group plan--
provided the carrier guarantees that policyholders can renew without a rate increase based on their
future illnesses.
•Few employers and employees know that federal law since 2006 requires all states to offer state-
guaranteed personal policies to employees with preexisting conditions that used to be covered by a
group plan (called HIPAA-eligibles). Forty (40) states go beyond this federal mandate making such
state-guaranteed personal coverage available to all their residents.
•The federal government now allows employers to reimburse employees, tax-free, for the premiums
paid on personal policies--provided that employers comply with HIPAA, ERISA, and IRS privacy and
non-discrimination rules. This new regulation can greatly reduce the after-tax cost of personal
policies for employees and employers. We ensure your company complies with the required
regulations.
Facts about Group Insurance you may not know.
•You lose coverage if you retire before age 65 (Medicare), or become ill and cannot work, or are
needed at home to take care of a sick child or spouse.
•The group renewal premium is increased each year based on the claims of your group—If you
have a small group and one person has a large claim, expect your rates to skyrocket the next year.
•In some states, if your company has less than 100 employees, your entire group could become
unaffordable, if just one person filed a major claim.
•Your employer selects your coverage, doctor network, and annual deductible and there are little or
no financial incentives to reward having a healthy lifestyle.
•You lose coverage if you retire before age 65 (Medicare), or become ill and cannot work, or are
needed at home to take care of a sick child or spouse.
•The group renewal premium is increased each year based on the claims of your group—If you
have a small group and one person has a large claim, expect your rates to skyrocket the next year.
•In some states, if your company has less than 100 employees, your entire group could become
unaffordable, if just one person filed a major claim.
•Your employer selects your coverage, doctor network, and annual deductible and there are little or
no financial incentives to reward having a healthy lifestyle.
