Health insurance premiums never seem to stop going up. The 2015 Employer Health Benefits Survey conducted by the Kaiser Family Foundation found that annual premiums for employer-sponsored family health insurance increased by 4% over the last year, reaching $17,545. On an average, workers paid $4,955 each towards the cost of the premium.A simple method that small businesses can use to reduce the cost of health insurance is to utilize the services of a broker or agent.
While brokers work for several insurers simultaneously, agents represent a single company.
Agents are paid directly by the insurance firm but you may be required to pay a broker for the services provided to you.
Will your existing policy be handled even if it was arranged by someone else? What is the support that will be provided to you for billing and claim issues?