Group Health Insurance for Businesses


To research the selling of group health insurance for businesses. Specific insights include:
1. How brokers are involved.
2. How brokers make money on group health insurance.
3. New trends associated with health insurance brokerages specifically related to small businesses.
4. Contingent property and casualty.

Early Findings

How Brokers are Involved in Group Health Insurance for Businesses

  • A health insurance broker is an intermediary between businesses and health insurers, helping to match groups with a plan or company that is best suited to their needs.
  • Having a health insurance broker allows one to explore more options for group coverage, saving money for the business.
  • The broker cannot reduce prices because the health plan's prices are fixed. However, they can do all the groundwork for the business.
  • Brokers act in the client's best interest, helping them compare and secure coverage depending on their budget and needs.

Summary of Early Findings

  • Our first hour of research was spent scanning for information about group health insurance brokers to determine whether the information is available, which it is. Due to the time constraint, we have only provided details surrounding how brokers are involved.
  • The rest of the request can be tacked through the options provided in the scoping section below.

Proposed next steps:

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