Home Page Contact Us

Health Insurance


Health Insurance Quote Forms

Insurance products by their very nature are highly complex and vary widely between policy types and insurance providers. Let INSUREPOINTE assist you in navigating all the various options of a good risk management strategy. Complete the request below and one of our professionals will contact you to arrange an interview.


Health Insurance Information

 

 

 

Do you need Information about the New Healthcare Reform Bill?   Click here

 

 

 

Do you need information about COBRA?  Click Here


Insurepointe can solve any of your healthcare insurance needs:

 Group Insurance Products

Select from a variety of insurance products to design an employee benefit plan for your company's most valuable asset - its employees.  Insurance products can be purchased for medical insurance, dental insurance, life insurance and a variety of other employment benefit products.

Medical:
If you own a small business with 2-50 employees, our Small Group health insurance may be for you. These plans offer an array of benefit choices to help you design an affordable health plan that best meets the needs of you and your employees. We also specialize in larger groups with conventional insurance needs or large deductible and self-insured plans.

Supplemental Insurance Products:
Some insurance policies may have exclusions or limits that may be concerns to your employees and their families. Supplemental policies provide coverage for those types of risks, such as, cancer policies, accident policies, sickness policies, and intensive care policies. Benefits paid by Supplemental policies are paid in addition to your health insurance policy.

Short or Long-Term Care:
Often overlooked, Short & Long Term Disability policies provide valuable income replacement when a sick or injured employee is unable to work and provide for their family. Give your employees the ability to remain financially stable and meet their daily expenses during a period of disability. Disability policies may also be able to provide a company loss of income protection if a key employee is unable to work.

Section 125 Plans:
Section 125 of the Internal Revenue Code allows employees to convert taxable medical and dental insurance premium contributions into pretax contributions via salary reduction. "Pre-Tax Option" (also called premium conversion) is the most basic form of a cafeteria plan. As the employer, you will not pay unemployment tax, Medicare or Social Security on employee paid insurance premiums. In addition, your employees will not pay federal income tax, state income tax (in most states), Medicare, or Social Security on their insurance premiums.

The following is an example of an employee that earns $20,800 per year and has $75 deducted from their per pay period (bi-weekly) to pay for their group health insurance premiums:

W/Out Pre-Tax With Pre-Tax
Before tax income
$800.00
$800.00
Employee insurance contribution
-$0.00
-$75.00
Taxable income
$800.00
$725.00
Taxes
-$229.00
-$208.00
Employee insurance contribution
-$75.00
-$0.00
Take home pay
$496.00
$517.00

In the example shown above, the employee increases their take-home pay by $21 per pay period or $546 per year. You, as the employer, will also save. You will reduce your FICA tax expense by $6 per pay period or $156 per year. Assume you have 25 total eligible employees, each contributing $75 per pay period toward their health insurance premium - you will save $150 per pay period or $3,900 per year.

For Group Insurannce Products please contact June Ryan at (713) 964-0022 x151 or by email at jryan@insurepointe.com
 

Go to top

    Individual Insurance Products

Don't let you and your family be without medical insurance. Insurepointe can offer affordable individual policies from competitive insurance carriers that give you the ability to purchase the medical, dental, disability and life insurance coverage you may need:

Life Insurance:
Life insurance products for your family's protection and security or for special needs are available to you at affordable rates. We offer Term Life, Universal Life and Whole Life insurance coverages based on your needs. Life policies may also be purchased if you are a business owner looking to protect your company by insuring a key employee. 

Dental:

Dental insurance is an affordable way to provide your employees with an extra benefit for the work they do. Dental coverage can be provided with a provider network or without to satisfy the needs of all of your employees. If you do not want to pay the dental premiums, dental policies can also be purchased on a voluntary basis

Disability:
Disability coverage provides valuable income protection to you if you are unable to work because of an accident or sickness. Design your policy with an elimination period you can tolerate and with a benefit duration period that will allow you and your family time to recover from your disability.  

Medical:
We offer Health Insurance Plans that fit your needs.If you are a contract employee, own your own business or you do not have health coverage through your employer, we can provide the finest individual products in the industry. Choose from:  

  Traditional Plans
PPO's
Short term Medical
Medical Saving Accounts
Accident Benefits
Office Co-Pays
Preventative Care
Precription Benefit

 

 Long Term Care:
Our firm can help with any long term care or Medicare Supplement questions that you may have.
 

For Individual Insurance Products please contact our partner, Nick Raia, Raialife Partners, P.C. (p) 713-877-1717 or email at: nick@aialife.com


Go to top

 

  What kinds of health insurance are there?
There are essentially two kinds of heath insurance: Fee-for-Service and Managed Care. Although these plans differ, they both cover an array of medical, surgical and hospital expenses. Most cover prescription drugs and some also offer dental coverage.   

  1. Fee-for-Service
    These plans generally assume that the medical professional will be paid a fee for each service provided to the patient. Patients are seen by a doctor of their choice and the claim is filed by either the medical provider or the patient.
     
  2. Managed Care
    More than half of all Americans have some kind of managed-care plan. Various plans work differently and can include: health maintenance organizations (HM0s), preferred provider organizations (PPOs) and point-of-service (POS) plans. These plans provide comprehensive health services to their members and offer financial incentives to patients who use the providers in the plan.

What is 'long-term care'?
Because of old age, mental or physical illness, or injury, some people find themselves in need of help with eating, bathing, dressing, toileting or continence, and/or transferring (e.g., getting out of a chair or out of bed). These six actions are called Activities of Daily Living–sometimes referred to as ADLs. In general, if you can’t do two or more of these activities, or if you have a cognitive impairment, you are said to need “long-term care.”

Long-term care isn’t a very helpful name for this type of situation because, for one thing, it might not last for a long time. Some people who need ADL services might need them only for a few months or less.

Many people think that long-term care is provided exclusively in a nursing home. It can be, but it can also be provided in an adult day care center, an assisted living facility, or at home.

Assistance with ADLs, called “custodial care,” may be provided in the same place as (and therefore is sometimes confused with) “skilled care.” Skilled care means medical, nursing, or rehabilitative services, including help taking medicine, undergoing testing (e.g. blood pressure), or other similar services. This distinction is important because Medicare and most private health insurance pays only for skilled care–not custodial care.

What are the types of disability insurance?
There are two types of disability policies: Short-Term Disability (STD) and Long-Term Disability (LTD):

  1. Short-Term Disability policies (STD) have a waiting period of 0 to 14 days with a maximum benefit period of no longer than two years.
     
  2. Long-Term Disability policies (LTD) have a waiting period of several weeks to several months with a maximum benefit period ranging from a few years to the rest of your life.

Disability policies have two different protection features that are important to understand.

  1. Non-cancelable means the policy cannot be canceled by the insurance company, except for nonpayment of premiums. This gives you the right to renew the policy every year without an increase in the premium or a reduction in benefits.
     
  2. Guaranteed renewable gives you the right to renew the policy with the same benefits and not have the policy canceled by the company. However, your insurer has the right to increase your premiums as long as it does so for all other policyholders in the same rating class as you.

In addition to the traditional disability policies, there are several options you should consider when purchasing a policy:

  • Additional purchase options
    Your insurance company gives you the right to buy additional insurance at a later time.
     
  • Coordination of benefits
    The amount of benefits you receive from your insurance company is dependent on other benefits you receive because of your disability. Your policy specifies a target amount you will receive from all the policies combined, so this policy will make up the difference not paid by other policies.
     
  • Cost of living adjustment (COLA)
    The COLA increases your disability benefits over time based on the increased cost of living measured by the Consumer Price Index. You will pay a higher premium if you select the COLA.
     
  • Residual or partial disability rider
    This provision allows you to return to work part-time, collect part of your salary and receive a partial disability payment if you are still partially disabled.
     
  • Return of premium
    This provision requires the insurance company to refund part of your premium if no claims are made for a specific period of time declared in the policy.
     
  • Waiver of premium provision
    This clause means that you do not have to pay premiums on the policy after you’re disabled for 90 days.

Go to top