One of the most common questions we get at SimplyInsured is “What is the difference between an HMO and a PPO?” We’ve created a simple table to help understand. First – some definitions: Network Type: A general label for the “level of restriction” of plan, and the level of coverage provided in-network and out-of-network. Common…
Last week, the National Small Business Association (NSBA) published the 2014 Small Business Health Care Survey. The survey of 780 small businesses illustrated the health insurance challenges they face today. Two findings in particular caught our attention: Surveyed companies spent $1121/month per employee on small business health insurance costs 74% of businesses bought the insurance from a…
Plain english definitions for key health insurance terms.
How does your coverage stack up in the four areas that make the most difference in medical bills?
California Market Overview The California small business health insurance market is one of the most competitive and complex insurance markets in the country. For a small business, there are many health insurance options to choose from – multiple carriers, tiered doctor networks, government exchange vs private market plans, etc. The large number of options in…
Illinois Market Overview The Illinois small business health insurance market is a competitive and complex insurance market. For a small business, there are many health insurance options to choose from – multiple carriers, tiered doctor networks, government exchange vs private market plans, etc. The large number of options in the Illinois market can make looking for…
Florida Market Overview Small businesses in Florida can choose from many health insurance options – multiple carriers, tiered doctor networks, government exchange vs private market plans, etc. The large number of plans in the Florida market can make finding the right health insurance plan intimidating. SimplyInsured’s guide to the Florida market can help narrow the downs…
Texas Market Overview The Texas small business health insurance market is a competitive and complex insurance market. For a small business, there are many health insurance options to choose from – multiple carriers, tiered doctor networks, government exchange vs private market plans, etc. The doctor network tiers is particularly important for a small business to review,…
Ohio Market Overview The Ohio small business health insurance market is comprises primarily of 4 major national carriers and one local carrier. Compared to some of the other states, carriers in Ohio offer fewer tiers of networks, with most carriers electing to only offer a full network to small businesses. This makes selecting a health insurance…
New York Market Overview The New York small business health insurance market is a complex one. The New York market is split geographically into several regions, with certain insurance carriers only participating in certain parts of the state (such as upstate vs downstate). For a small business, knowing which insurance carriers offer coverage in the local…
