Preferred Provider Organization (PPO) Plans
PPO plans allow people to visit specialists without a referral and choose out-of-network providers. These plans typically have higher monthly premiums, but they are good options for companies that value flexibility.
Health Maintenance Organization (HMO) Plans
Typically coming with lower deductibles, HMO plans limit care to within a network. Employees on these plans typically need a referral to see a specialist. They work well for businesses looking for consistent, predictable healthcare costs.
Health Savings Account (HSA) Plans
With Health Savings Accounts, eligible employees can set aside pre-tax dollars for qualified medical expenses. Funds can roll over from year to year, allowing plan holders to build savings for future healthcare needs.
Indemnity Health Insurance Plans
With an indemnity plan, health insurance companies reimburse a set portion of covered services and the remaining balance is covered by the employee. This coverage can offer wider provider access, but they frequently lead to higher out-of-pocket costs than provider network plans.
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Discover Group Benefits & Commercial Insurance Plans with BIS
We believe that offering additional types of insurance is one of the best ways for a company to build on their existing health insurance coverage. By helping Decatur businesses understand available coverage options, our brokers can help them find the right group benefits and business insurance plan for their specific needs.
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