The General Agency
Group health insurance explained
June 7, 2021
This video is a comprehensive overview of group health insurance. In only a few minutes, we answer many of the most common frequently asked questions (FAQ). We cover topics such as, plan types, COBRA vs State Continuation, underwriting requirements, cost, legislation and more.
Video - Level-funded group health plans https://youtu.be/fVEGql2aN6c
Video – How much benefits “really” cost https://youtu.be/NfdggNE5GNk
Video – How to quote group health insurance in 2021 https://youtu.be/V6wR-BS6lPU
Census form links:
PDF format: http://tiny.cc/Census_PDF
Excel format: http://tiny.cc/Census_Excel
ACA full-time equivalent employee (FTE) calculator in excel.
February 15, 2022
In this video we will show you how to calculate the full time equivalent (FTE) for the Affordable Care Act (ACA). The Affordable Care Act requires all groups with 50 or more employees to provide health insurance. Part time employees count towards the 50 employee threshold.
In other words, if you have 30 full time employees and 60 part time employees, the full time equivalent of your part time employees could put your group over 50 employees.
This is a step by step how to video which will show you the formulas to put in excel to do your calculations.
PPO vs RBP (reference-based pricing)
April 18, 2021
This overview of a reference-based pricing vs a PPO. It demonstrates the cost savings, and benefit features of the RBP group health plan. Reference base pricing is a method to achieve transparency of medical fees to lower group health insurance cost while providing the flexibility to choose any provider.
The rates shown is this video is a case study for an active employer group with 29 employees. This group health insurance quote is quoted to a 5/1/2021 effective date.