HMOs, PPOs, Deductibles, Coinsurance, Co-payments, Out-of-Pocket Maximums, In-Network, Out-of-Network, HRA, HSA, FSA, ACA, Private Health Insurance Exchanges, Employer-Sponsorship Benefits, Voluntary Employee Benefits.
Finding the right insurance plans for an employer is more than a thicket… It’s a jungle!
How can a time-strapped business owner find the time to cut through the acronyms, interpret the jargon, and negotiate the details of a comprehensive insurance program?
Is it fair to expect mere mortals to understand what is written in insurance contracts?
If there is a question about coverage or a problem with a claim, who has time to duke it out with insurance companies, doctors and hospitals, or government bureaucrats?