Group Health Insurance is to provide for the maintenance or improvement of health via the prevention, diagnosis, and treatment of disease, illness, injury, and other physical and mental impairments.  While the statement above is true in a small group or a “mature group” the costs associated may appear unreasonably high.  Ideally, a group will be diverse and large enough to allow aggregate rates and not age banded rates as age banded rates for most groups will be difficult to manage and may not be affordable for the older employees.

At Lotus Benefits we carefully evaluate each group to find the right provider, with the best coverage for the lowest cost.  Group size, including dependents, largely determines what the health insurance providers may offer but not all providers are the same.  One size does not fit all.  If you are interested in bench-marking your group and getting a quote please download our census below or contact us.