Group Health Insurance

Request Group Health Insurance Quotes or call us at (973) 971-0002

Why have group health insurance for your business?

Many employees seek out employers with good health insurance options. As a result, businesses use health insurance as an essential benefit to help attract and retain a quality workforce.  

Who we work with:

We work primarily with businesses with 1-250 employees in New Jersey and New York. 

Our process and goal

Our process involves obtaining a company census, running quotes from numerous insurance carriers, and identifying the plan options that best suit your group.

The number of options available is extensive, so our goal is to find the most affordable plans for your company and present them to you on easy-to-read spreadsheets. 

We want to make the decision-making process as simple as possible.

Once you decide on a plan to apply for, we will help you complete the paperwork and enrollment forms, submit them to the insurance company, and service the account throughout the year.

What makes us different?

One aspect that distinguishes Spencer & Spencer from competitors in our industry is that we shop the market for you every year when your plan renews.

Doing this is in your best interest, but some brokers don't. If we think other options are better, we will review them with you.

We also believe in providing excellent customer service. It can be challenging to manage benefits by yourself, and dealing with insurance companies directly can be frustrating.

Every group health insurance plan has at least one broker-advisor and one account manager assigned to it so that multiple people oversee the plan.

We have someone answering our company telephone number Monday through Friday between 9:00 a.m. and 4:30 p.m. EST, allowing clients to speak with someone immediately.

We also focus heavily on responding to emails quickly and efficiently to answer questions and concerns throughout the day. 

Here are the primary health insurance companies we partner with:

New Jersey:

  • Aetna
  • Horizon Blue Cross Blue Shield of NJ
  • Oxford/UnitedHealthcare (UHC)
  • AmeriHealth
  • CIGNA
  • Allstate (National General Benefits Solution)
  • PEO (Professional Employer Organization)
  • Starmark
  • Trustmark
  • OSCAR
  • Self-insured Plans

New York:  

  • Anthem Blue Cross Blue Shield
  • Oxford/UnitedHealthcare
  • CDPHP
  • Emblem Health
  • Health Pass
  • MVP
  • PEO (Professional Employer Organization)

Here are some additional benefits we will help you with:

  • Explain how to make the employees’ portion of the premium payment pre-tax, which provides employees another way to reduce the cost of healthcare through tax benefits.

  • Provide a complimentary Ben Admin System for open enrollment and during the plan year (for qualified new clients).

  • Discuss strategies employers can use to increase plan participation in a way that can help attract, retain, and reward employees.

  • Utilize special unique concepts to further reduce out-of-pocket costs for health insurance with tried-and-true plan designs through HRAs, The Difference Card, and other strategies.

  • Talk about certain compliance-related elements to ensure your plans comply with healthcare laws.

Understanding the rules and regulations for group health insurance can be challenging, which is why many businesses turn to Spencer & Spencer for professional guidance and support.

We are proud to be a third-generation employee benefits firm and encourage you to utilize our knowledge and experience. 

Call us at (973) 971-0002 or send a request to have a specialist contact you to learn more about your health insurance options, request quotes or information, or ask any questions.

 

 

 

“We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.”