Employers Can Save Thousands with Private Health Care Exchanges

Written by on 2/18/2015 10:00 AM . It has 3 Comments.

The Affordable Care Act, often known as “Obamacare,” is in full swing and millions of people are benefiting from the reform. Young people under 26 still have coverage thanks to their parent’s plans. Those with pre-existing conditions know they will always have coverage. Millions of previously uninsured Americans are able to afford health insurance with the help of competitive rates and subsidies from the federal government.

As an employer or business owner, you may be feeling left out and wondering where the benefit is for you. Consider a private health care exchange for your company and reap many benefits of participation.

UNDERSTANDING THE AFFORDABLE CARE ACT

Without going into every detail of a 1000-plus page document, the issue you need to understand is that this was not health care reform. Instead, it was health insurance reform. Health insurance and how people purchase it have been changed, but the ability to control costs has not. Controlling costs and changing health care would involve dealing with the costs of pharmaceuticals, tort reform, and hospital charges. The Affordable Care Act reformed insurance, and for employers, this is a good thing. From 1999 to 2012, an employer’s cost for individual coverage doubled and for family coverage, the cost tripled. Now, private health care exchanges can help you control and lower those costs.

WHAT IS A PRIVATE HEALTH CARE EXCHANGE?

A private health care exchange is similar to the public exchange that you find at Healthcare.gov. It uses the technology and administrative work of a typical exchange to give applicants – in this case, your employees – access to different plans based on specific criteria. Private health care exchanges are used by employers to give employees flexibility, choice, and to take advantage of federal subsidies. Instead of working with you or your HR staff each year to choose a plan and update information, employees can work with our advisors to ensure that they have the coverage that they need.

WHY SHOULD YOU CHOOSE A PRIVATE EXCHANGE?

Let’s look at the bottom line first. Employers who used private exchanges saved 40 to 80 percent from their employee insurance bill in 2014. Costs may be the number one reason, but exchanges save you time as well. You have less administrative work and less hassle of managing your insurance and the selection process. Once the criteria is set, your employees choose what plan works best for them. This allows you to improve your employee benefits without additional cost.

You’re able to set fixed costs for each employee, so you know exactly what you’re paying. Your employees choose from group benefits like dental or vision, as well as individual options like accident plans, co-pay versus deductible plans, and more. Real life examples from companies we’ve worked with include a nine employee home health care agency who saved 47 percent, a 22 employee exterminating company who saved 24 percent, and an auto body shop with dozens of employees that stood to save between 40 and 53 percent. The savings are real, as are the benefits to your employees.

GETTING STARTED IS EASY

Charlotte Insurance is prepared and available to help you get started with our own private exchange as soon as possible. All we need is a copy of your last insurance bill, a copy of your current plan design, and a census listing of all your eligible employees.

Charlotte Insurance has been in business since 1992, working hard to provide affordable, quality insurance for individuals and businesses. As the Affordable Care Act has unfolded, we’ve stayed on top of it every step of the way, determined to understand it and continue to offer the best options available for our customers and clients. When you’re ready to discuss a private health care exchange option for your business, contact us. We can help.

Comments

Got something to say? Join the discussion »
  1. changhon62's avatar changhon62
    http://www.kyrie-4.us.com/ kevin durant shoes
    http://www.jordans11shoes.us.com/ jordan 4
    http://www.birkenstocksandalssale.us.com/ birkenstock sandals
    http://www.fitflopsshoes.us.com/ fitflop shoes
    http://www.lebron15-shoes.us.com/ kyrie irving shoes
    http://www.katespadepurses.us.com/ kate spade bags
    http://www.nikeairvapormaxflyknit.us.com/ air max 90
    http://www.yeezyboost350shoes.us.com/ adidas yeezy boost 350 v2
    http://www.pumafentyrihannashoes.us.com/ puma shoes
    http://www.airmax90shoes.us.com/ nike air max
    http://www.nikeairmax-90.us.com/ air max 95
    http://www.louboutinredbottoms.us.com/ christian louboutin mens shoes
    http://www.kd10-shoes.us.com/ lebron james shoes
    http://www.longchampbag.us.com/ longchamp backpack
    http://www.fitflops-sale.us.com/ fitflop sale
    http://www.adidas-ultraboost.us.com/ adidas boost
    http://www.pandorajewelryrings.us.com/ pandora bracelet
    http://www.hermesbirkin-handbags.us.com/ hermes bag
    http://www.salomonspeedcross3.us.com/ salomon speedcross 3
    http://www.pandora-jewelrysale.us.com/ pandora charms
    http://www.pandorajewelryscharms.us.com/ pandora charms
    http://www.adidasnmdrunnerr1.us.com/ yeezy shoes
    http://www.adidasyeezy-350.us.com/ yeezy boost 350
    http://www.jordan11spacejams.us.com/ jordan 12
    http://www.curry4-shoes.us.com/ curry 1
    Reply 4/29/2018 10:14 AM
  2. xiuying23's avatar xiuying23
    http://www.adidasyeezy-350.us.com/ adidas yeezy
    http://www.pandora-jewelrysale.us.com/ pandora jewelry official site
    http://www.fitflopsshoes.us.com/ fitflops clearance
    http://www.longchampbag.us.com/ longchamp bag
    http://www.lebron15-shoes.us.com/ lebron shoes
    http://www.pumafentyrihannashoes.us.com/ puma shoes for men
    http://www.yeezyboost350shoes.us.com/ yeezy shoes
    http://www.pandorajewelryscharms.us.com/ pandora bracelet
    http://www.kyrie-4.us.com/ kyrie shoes
    http://www.hermesbirkin-handbags.us.com/ hermes purse
    http://www.jordans11shoes.us.com/ jordan 11 retro
    http://www.jordan11spacejams.us.com/ jordan 7
    http://www.airmax90shoes.us.com/ nike air vapormax
    http://www.salomonspeedcross3.us.com/ salomon xa pro 3d
    http://www.louboutinredbottoms.us.com/ red bottom heels
    http://www.fitflops-sale.us.com/ fitflop sandals
    http://www.nikeairvapormaxflyknit.us.com/ nike vapormax
    http://www.adidasnmdrunnerr1.us.com/ yeezy shoes
    http://www.katespadepurses.us.com/ kate spade handbags
    http://www.curry4-shoes.us.com/ curry 4 shoes
    http://www.kd10-shoes.us.com/ kd 9
    http://www.birkenstocksandalssale.us.com/ birkenstock clearance
    http://www.nikeairmax-90.us.com/ air max 90
    http://www.adidas-ultraboost.us.com/ adidas ultra boost uncaged
    http://www.pandorajewelryrings.us.com/ pandora bracelet
    Reply 5/14/2018 3:17 AM
  3. xiuying23's avatar xiuying23
    http://www.ralphlauren--polo.us.com/ polo ralph lauren
    http://www.burberry--scarf.us.com/ burberry outlet
    http://www.lacosteshirts.us.com/ lacoste
    http://www.air-max-95.us.com/ air max 95
    http://www.redbottom--shoes.us.com/ christian louboutin shoes
    http://www.oakley--sunglassess.us.com/ oakley eyeglasses
    http://www.pandoras-uk.co.uk/ pandora bracelet
    http://www.burberrys.org.uk/ burberry
    http://www.pandoraearrings.us.com/ pandora
    http://www.swarovskisjewelry.us.com/ swarovski bracelet
    http://www.nike-airmax270.us.com/ nike air max
    http://www.salomon--shoes.us.com/ Salomon Boots
    http://www.birkenstock--sandals.us.com/ birkenstock
    http://www.ultra--boost.us.com/ adidas ultra boost uncaged
    http://www.adidasoriginalsultraboost.us.com/ ultra boost uncaged
    http://www.uggs-forwomen.us.com/ uggs for women
    http://www.michaelkors-handbagss.us.com/ michael kors
    http://www.northfacejacketoutlets.us.com/ north face vest
    http://www.huaraches.us.com/ nike air huarache
    http://www.jordans11shoes.us.com/ jordan 11
    http://www.adidasnmdrunnerr1.us.com/ didas ultra boost
    http://www.ray--bansunglassess.us.com/ ray ban prescription sunglasses
    http://www.christianlouboutinredbottoms.us.com/ christian louboutin
    http://www.mulberry-handbags.us.com/ mulberry sale
    http://www.pandorajewelryrings.us.com/ pandora rings
    http://www.moncler-coat.us.com/ moncler sale
    http://www.rayban--glasses.us.com/ ray ban sunglasses
    http://www.chromehearts-jewelry.us.com/ chrome hearts pendant
    http://www.jordan--11.us.com/ jordan 11
    http://www.stephen-curry-shoes.us.com/ curry shoes
    http://www.nikeair-max.co.uk/ nike air max
    http://www.barbours.org.uk/ barbour
    http://www.mbts.us.com/ mbt
    http://www.adidasnmds.co.uk/ adidas nmd
    http://www.barbourjackets.co.uk/ barbour wax jacket
    http://www.monclers.uk/ moncler jacket womens
    http://www.kevin-durant-shoes.us.com/ kd 10
    http://www.nike-airmax-2018.us.com/ air max 2018
    http://www.oakley--glasses.us.com/ oakley glasses
    http://www.nikeairvapormaxflyknit.us.com/ nike air max 90
    http://www.redbottoms-louboutin.us.com/ red bottom shoes
    http://www.airmax90shoes.us.com/ nike air max 95
    http://www.adidas-yeezy-shoes.us.com/ Yeezy
    http://www.fitflopsshoes.us.com/ fitflops clearance
    http://www.ugg--slippers.us.com/ ugg
    http://www.adidas-yeezyboost350.us.com/ yeezy
    http://www.salomon-boots.us.com/ salomon shoes
    http://www.rayban-glasses.us.com/ ray ban
    http://www.pumarihannafenty.us.com/ puma fenty
    http://www.nikeairmax-95.us.com/ nike air max 95
    http://www.katespadepurses.us.com/ kate spade bags
    http://www.truereligion--jeans.us.com/ true religion
    http://www.eccoshoesoutlets.us.com/ ecco boots
    http://www.louboutinredbottoms.us.com/ louboutin
    http://www.asicss.us.com/ asics running shoes
    http://www.air-max-90.us.com/ air max 90
    http://www.air-max-270.us.com/ nike air max 270 women
    http://www.katespadebags.us.com/ kate spade bags
    http://www.michael-kors-bags.us.com/ michael kors
    http://www.supreme--clothing.us.com/ supreme
    http://www.nikekdshoes.us.com/ kd 9
    http://www.coach--bags.us.com/ coach outlet
    http://www.pandora-charmsjewelry.us.com/ pandora charms
    http://www.uggs--boots.us.com/ uggs for men
    http://www.airjordan11spacejam.us.com/ jordan shoes
    http://www.skecherss.us.com/ skechers
    http://www.northface-jacket.us.com/ north face
    http://www.mulberrys.org.uk/ mulberry bag
    http://www.pandora-jewelrysale.us.com/ pandora jewelry
    http://www.airmax-2018.us.com/ air max
    http://www.polo-ralph-lauren.org.uk/ ralph lauren, polo
    http://www.ferragamoshoess.us.com/ ferragamo shoes
    http://www.vapormaxs.us.com/ nike vapormax
    http://www.fitflops-sale.us.com/ fitflop
    http://www.nikeairmax97.co.uk/ air max 97
    http://www.monclerjacketmens.us.com/ moncler jacket womens
    http://www.jordanretro11-shoes.us.com/ jordan 11
    http://www.airmax270.co.uk/ nike vapormax
    http://www.prada--handbags.us.com/ prada bags
    http://www.prada--bags.us.com/ prada bags
    http://www.swarovskis.us.com/ swarovski
    http://www.polo-ralphlauren-outlet.us.com/ polo
    http://www.ed-hardys.us.com/ ed hardy clothing
    http://www.pandorasjewelry.co.uk/ pandora charms
    http://www.skechers--shoes.us.com/ skechers
    http://www.nikeair-max90.co.uk/ nike air max 90
    http://www.monclerjacketwomens.us.com/ moncler jacket
    http://www.pandorauk.us.com/ pandora charms
    http://www.ralphlaurenspoloshirts.us.com/ polo
    http://www.pandorajewelryscharms.us.com/ pandora jewelry
    http://www.pandora-jewelrybracelet.us.com/ pandora jewelry
    http://www.adidas--shoes.co.uk/ adidas boost
    http://www.yeezyboost350shoes.us.com/ yeezy boost 350 v2
    http://www.montblancs.us.com/ mont blanc sale
    http://www.curry4-shoes.us.com/ stephen curry shoes
    http://www.under-armour-shoes.us.com/ under armour shoes
    http://www.nikeairmax270.org.uk/ nike air max 270
    http://www.nikelebron15.us.com/ lebron james shoes
    http://www.adidasnmd-womens.us.com/ adidas originals nmd
    http://www.jimmychooheels.us.com/ jimmy choo heels
    http://www.mcm--bags.us.com/ mcm wallet
    http://www.burberry-bags.us.com/ burberry wallet
    http://www.coachbags-outlet.us.com/ coach
    http://www.longchampbag.us.com/ longchamp bag
    http://www.katespade--outlet.us.com/ kate spade
    http://www.mcms.us.com/ mcm handbags
    http://www.supremeshirt.us.com/ supreme jacket
    http://www.new--balance.us.com/ new balance
    http://www.skechersuk.co.uk/ skechers outlet
    http://www.nike-huaraches.us.com/ nike huarache
    http://www.lebron15-shoes.us.com/ basketball shoes
    http://www.uggsformen.us.com/ ugg,ugg slippers
    http://www.celines.us.com/ celine,celine bag
    http://www.pandora--jewelrys.us.com/ pandora charms
    http://www.adidasyeezy-350.us.com/ yeezy boost
    http://www.pandoras-jewelrys.us.com/ pandora bracelet
    http://www.nike--vapormax.us.com/ nike air vapormax flyknit
    http://www.adidas-superstarshoes.us.com/ adidas
    http://www.salvatore-ferragamo.us.com/ salvatore ferragamo shoes
    http://www.kyrie-4.us.com/ nike kyire
    http://www.yeezyboost350v2.co.uk/ yeezy shoes
    http://www.nikeairmax-90.us.com/ nike air vapormax
    http://www.hermes--belt.us.com/ hermes belt men
    http://www.jordan11.co.uk/ jordan 11 space jam
    http://www.longchampbackpack.us.com/ longchamp handbag
    http://www.balenciagas-sneakers.us.com/ balenciaga bags
    http://www.air-max-97.us.com/ air max 97
    http://www.adidasyeezys.org.uk/ yeezy boost 350
    http://www.adidas-ultraboost.us.com/ adidas ultra boost
    http://www.goyardbackpack.us.com/ goyard
    http://www.jordan11spacejams.us.com/ jordan 11
    http://www.fitflop--shoes.us.com/ fitflop sale
    http://www.airmax95.co.uk/ nike air max 95 mens
    http://www.balenciaga--shoes.us.com/ balenciaga shoes men
    http://www.moncler--jacket.us.com/ moncler
    http://www.kyrie-irving-shoes.us.com/ kyrie irving
    http://www.chromeheartsjewelrys.us.com/ chrome hearts t shirt
    http://www.asics--shoes.us.com/ asics running shoes
    http://www.ray--ban.us.com/ ray ban glasses
    http://www.true--religion.us.com/ true religion jeans men
    http://www.chrome--hearts.us.com/ chrome hearts
    http://www.cartier-bracelet.us.com/ cartier
    http://www.monclerjacket.org.uk/ moncler jacket mens
    http://www.fitflop--sandals.us.com/ fitflop shoes
    http://www.valentino--shoes.us.com/ valentino heels
    http://www.yeezyboost350--v2.us.com/ adidas yeezy
    http://www.pandora--rings.us.com/ Pandora Bracelet
    http://www.nikeairmax-97.us.com/ nike air max 97
    http://www.adidasoriginalsnmd.us.com/ adidas originals nmd
    http://www.salomonshoes.co.uk/ salomon skis
    http://www.bvlgaris.us.com/ bulgari jewelry
    http://www.goyardbag.us.com/ goyard tote
    http://www.salomonspeedcross3.us.com/ salomon shoes
    http://www.birkenstocksandalssale.us.com/ birkenstock shoes
    http://www.hermesbirkin-handbags.us.com/ Hermes Handbags
    http://www.james-hardenshoes.us.com/ harden vol 2
    http://www.nike--shoes.co.uk/ nike air max 90
    http://www.kd10-shoes.us.com/ kd shoes
    Reply 8/1/2018 10:19 PM

Leave a Reply

 [Quick Submit with Ctrl+Enter]

Remember my details
Notify me of followup comments via e-mail