What is employer group health insurance coverage?

Group health insurance coverage is a policy that is purchased by an employer and is offered to eligible employees of the company (and often to the employees’ family members) as a benefit of working for that company. A group health insurance plan is a key component of many employee benefits packages that employers provide for employees. The majority of Americans have group health insurance coverage through their employer or the employer of a family member. One of the advantages for employees in a group health plan is the contribution most employers make toward the cost of the health coverage premium – in many cases, employers pay one-half or more of the monthly premium for an employee. Another advantage is that most employers have established Premium Only Plans (often called POP plans) that allow employees to pay any employee-required contributions to premiums on a pre-tax basis. Between the employer contributions, which aren’t taxable for employees, and the POP plan, employer-provided health insurance is significantly subsidized due to these tax breaks.

group health insurance plan is a key component of many employee benefits packages that employers provide for employees. The majority of Americans have group health insurance coverage through their employer or the employer of a family member.

ACG currently represents in excess of 1500 Employers and 275,000 of their employees in providing Employee Benefit Solutions.Our services include administrative, underwriting, and marketing HR resources.

We represent over 60 Insurance Companies, providing a host of products and services, and in-group benefits for employers ranging in size from two (2) to several thousand in the following areas:

  • Group Life & AD &D
  • Group Short Term Disability (STD) & Long Term Disability Coverage (LTD)
  • Buy-Out Disability Insurance & Life Insurance / Over Head Insurance
  • Voluntary Products: Individual Life, AFLAC, STD, LTD, LTCi (Long Term Care) UBenefit™
  • Deferred Compensation
  • 401k/Simple IRA, SEP, Profit Sharing
  • Group Medical – Fully insured & Self-Insured, Re-insurance
  • Group Dental Coverage & Vision Care
  • Group Travel Accident (Ex-Pat), Student & Special Risk
  • Group and Individual Medicare Supplements
  • Non-Compliance Statutory Disability Services
  • General Liability/ Property
  • Workers Comp / DBL/ TDB
  • Malpractice /E&O/ D&O
  • Employee Practice Liability
  • Third Party Administration
  • Umbrella coverage
  • Cyber Liability

Employers Arrangement

ACG will assume responsibility for all correspondence, service, and account management on behalf of your company, offering administrative and service work to include the following:

Benefit Analysis:  Gather benefits material, review benefit structure, and perform benefit summaries

Census Analysis:  Review census data, identify and clarify any underwriting issues

Benefit Review Meetings:  Participate in benefit review meetings, as may be appropriate

Request for Proposal (RFP):  Prepare an RFP to our insurance markets

RFP Marketing:  Perform a Market Survey to identify the most appropriate market

Carrier Negotiation:  Negotiate with carriers to secure the most comprehensive and competitive quote proposal (Fully-Insured, Re- insurance with Self-Insured)

Group Installation:  Participate in carrier account installation process and implementation of program with leaders from all sectors to work with your staff

Account Management:  Perform service calls, respond to benefit questions, identify benefit standards, and compliance.

Servicing:  Intervene whenever necessary on non-standard service issues between the carrier and the employer (Fully insured only)

Utilization of a Health Advocate for all employee health issues, (Self-Insured) 

Maintain Employer Communications via email and direct dialog, as appropriate  

Supplemental Insurance

What are voluntary plans?
Voluntary plans are 100% paid by the employee (though employers are able to contribute, too). Employees can choose which voluntary plans are best for their own situation. Some voluntary plans pay cash benefits directly to employees to cover living expenses, lost wages, copayments and deductibles. Other plans include disability insurance, life insurance, vision insurance, dental insurance, and other plans and services.