Health Insurance Cincinnati
Part Eight of a series of articles on health insurance in Cincinnati and Northern Kentucky.
“Ways to Lower Your Group Health Insurance Premiums FAST!”
Consider a dual option plan, if available. If you have a $1000 deductible plan currently, consider offering a $2500 deductible plan as your base plan and allowing employees to “buy-up” to the $1000 deductible option. Many employees will be happy to access the savings of the $2500 deductible plan, and it will save the company premium when they do. Some insurers require a minimum of ten covered insureds to participate in a dual option plan.