skip to Main Content

Can You Lower Your Premium for Group Health Insurance?

The answer to this question is it depends.

But if you can, the savings can sometimes equal the salary of an average employee.

Yes, I’ve seen reductions in the $40,000+ range, depending on group size.

If you trade one company for another with the same benefits, you will likely not see a decrease in premiums. The trick is to switch to another carrier that uses different underwriting assumptions for your premiums. If you are a small employer looking for lower health insurance premiums and you haven’t looked at a Self Funded Plan for Small Groups, you really should.

How can a Self Funded Plan for Small Groups lower your premiums?

Health Questions

With a Self Funded Plan for Small Groups, the insurance company will ask for health information from each employee. If you have a generally healthy group, you will be given in effect a “good health discount.”

Annual Refund

With a Self Funded Plan for Small Groups, you will be entitled to an annual refund of excess premium if your group has annual claims lower than the target amount.

About 70% of my groups receive refunds with the average amount in the $4000 range.

  • Will you be required to cut your employee’s current benefits? No
  • Will access to doctors and hospitals be compromised? No

To find out how much more efficient we can make your current group plan, give is a call at 615-376-8899, or complete the online census below.

We do the all the work.  You decide.
Get quotes on your
Small Group Health Insurance Premiums right now

Call us at 615-376-8899

Read these too!


Do you get letters like this from your Group Health Insurance Carrier?

If you aren’t getting letters where your insurance company is letting you know of a $9004 refund, or some other amount coming your way, every…

read more

How To Start A Group Health Plan For Your Employees In Tennessee

I’ve talked to many small employers in TN who want to offer health insurance coverage for their employees, but sometimes they really don’t know what’s…

read more

Small Group Health Insurance in Tennessee

Small Group Health Insurance in Tennessee Are you an employer in Tennessee that offers group health insurance to your employees? Do you have somewhere between…

read more

Short Term Health Plans Have Never Been Better, Or Less Short

If you don’t have access to an employer group plan, then you have 4 options for health insurance coverage., either on or off the…

read more
Back To Top