The Florida Realtors Private Health Insurance Exchange is designed for you to compare and purchase products and services from a variety of insurance providers.
As a small employer group, chances are you fall into one of the following predicaments:
Either way, there’s a new alternative. Under the Affordable Care Act, businesses with fewer than 50 full-time equivalent employees will not be penalized for not providing group health insurance to their employees. An alternative concept to offering group insurance is for small employers to provide a way for their employees to purchase their own individual coverage on the exchange.
Just as every employee is unique, so are their benefit needs. Employers now have a way to address the different requirements of each employee, while also managing the company’s bottom line. That means cost control and predictability for the employer, and greater involvement and choice for the employee.
Employers create a private exchange account, choose the benefit plan options to make available, set up a defined contribution strategy, and allow employees to shop for their own benefits.
Request a Quote and we’ll give you an analysis and cost breakdown of how the private exchange might work for you and your employees.