“Effectively, I was able to lower the cost of the employer contribution by 25%,” said Christy.
Indianapolis, IN (PRWEB) December 04, 2014
Ben Franklin Insurance and Investments announced a solution to ObamaCare that lowered 2015 employer deductibles and premiums for groups sizes of 5 to 99 employees.
Derrick Christy, owner of a consortium of privately held companies in the education, finance, real estate and technology industry, recently worked with Ben Franklin Insurance and Investments to adjust his entire health insurance program for his employees.
“Effectively, I was able to lower the cost of the employer contribution by 25%,” said Christy. “Employees will now pay 37% less and their deductibles dropped from $2500 to $500. The only difference is that the insured are required to carry two cards instead of one.”
Similar to Medicare and Medigap insurance, two coverage plans that offer zero deductibles and no cost sharing, Ben Franklin Insurance and Investments offers a solution that provides little or zero deductible health plan coverage at a comparable or even smaller payment amount.
“Our solution to ObamaCare is a program called Group GAP Insurance,” said Ben Franklin Insurance and Investment advisor Greg Allen. “The program consists of the employer first purchasing low cost, high deductible major medical coverage. Then the employer purchases a second policy called Group GAP to fill in the deductibles and cost sharing holes from the major medical coverage.”
The employer mandate and penalty of the Patient Protection and Affordable Care Act, better known as ObamaCare, will begin as early as 2015. Ben Franklin Insurance and Investments boasts an ObamaCare solution that provides savings to employers and comparable insurance options.
Headquartered in Indianapolis, Indiana, Ben Franklin Insurance and Investments specializes in personal and commercial insurance with convenient claim and payment options. The agency represents over 15 premier insurance carriers. Employers interested in learning more about Ben Franklin Insurance and Investments can contact Greg Allen at 317-497-0181 or gallen(at)benfranklinii(dot)com.
Please call today to beat the December 31, 2014 ObamaCare deadline.
Ben Franklin Insurance & Investments
Greg W. Allen
Health, Life, Auto Home Business
Source: Ben Franklin Insurance and Investments