Daily News Updates - Health Insurance News

New Group Health for Smaller Businesses in Florida, Pt.2

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The potential is afforded for both; allowing these companies to save money with lower-cost premiums for health insurance while also reducing other expenditures and, at the same time, reduce employee turnover. Because of the added plan flexibility, these new group health insurance plans can be tailored to fit company preferences and budgets, while also addressing employee-specific health insurance needs. The spectrum of health insurance benefits included in Innovation Benefits’ portfolio is broad.  They offer different levels of in-network coverage and multiple choices for deductible levels. Dental and vision care are also available as well as supplemental accident and life insurance coverage.  Some of the benefits covered are preventative care, routine checkups, diagnostic testing, surgery, hospitalization, emergency care, prescription drugs and specialty care. Of course deductibles, co-payments and coinsurance apply.

CEO Keenan is very excited about this new health insurance innovation because of its robustness. He states “I firmly believe these group health care options will be a breakthrough offering for the small and medium sized business community.” It is worth noting that Innovation HR, Inc is not some new stranger to the smaller business market.  In addition to this new health insurance niche, they are already established as a “leading outsourcer of human resource services” as the Carolina Newswire puts it. They currently contract with several small to medium-sized businesses as their human resources departments and provide complete and comprehensive services for those clients.  They offer a vast spectrum of "value-added benefits and services” not usually found in their market.  By lifting the burden of smaller businesses having to maintain their own HR departments’, Innovation HR helps them reduce high costs and assists those businesses in marshalling their internal resources toward higher profitability.