Some employers in Kentucky, Indiana, Ohio, and Tennessee offer only one health insurance plan. Some offer a choice of plans: a fee-for-service plan, a health maintenance organization (HMO), or a preferred provider organization (PPO). The Benefit source offers a variety of major insurance carriers and plans for your business to choose from. Our agents will work with your firm to select the best healthcare insurance benefits plan for your employees.

What happens if your employee leaves the job? They will lose the employer-supported group coverage. It may be possible for them to keep the same policy (if you the employer is a COBRA provider), but former employees will have to buy it themselves.

A Federal law makes it possible for most people to continue their group health coverage for a period of time. Called COBRA (for the Consolidated Omnibus Budget Reconciliation Act of 1985), the law requires that if you are a business of 20 or more employees, you must provide continued healthcare coverage to your employees for a period of at least 18 months. Here at the Benefit Source we are a member of the COBRA Administration and can help your company manage its COBRA compliant program.

For companies and employees alike, health insurance benefits are the most important and sometimes the only employee benefit available. In addition to vacation time, health care benefits are also one of the most important and popular benefits to employees. While this alone is not enough to attract employees, if you're competing for employees with particularly rare or valuable skills, the benefits package you offer could play into their decision to join your team.

Who is eligible to purchase an Individual Health Insurance Plan?

Any individual who is not eligible for Medicare is eligible for private plan coverage, given that you meet certain health criteria.

Did you know?

In some cases, individual plans can save consumers money even if their spouse is already covered by an employers plan. To add dependents to some employee insurance health plans may be more costly than purchasing a separate health plan for dependents.

What is meant by Pre-existing Condition?

Pre-existing condition limitations vary from plan to plan. Please refer to the plans limitation and exclusions for more detailed information. Most plans only go back 12 months on pre-existing. After this waiting period most insurance companies might start to cover your condition. Ask our agents at The Benefit Source for more specifics.

What about Short-term Health Insurance coverage for few months?

If you need temporary insurance for a short period of time you may want to consider Short-Term Coverage. This type of coverage is generally easier to apply for, quicker to process, and also less expensive than permanent coverage. This policy does not cover any pre-existing. This is a non-renewable policy and is applied for with one premium payment for the term you select.