Medical Health Insurance

Helping your employees cover essential medical expenses.

Medical Insurance Policies

Your employees want to know that they and their families will be protected from high medical costs in case of injury or illness. Your Highstreet agent can help you find the right medical coverage within a healthcare plan that works for your business or organization.

Medical Insurance Policies

The best employees want the best possible coverage.

Employers like you know how important good health benefits are to both your team and your organization, even as costs are rising.

of employers

ranked health-related benefits as “very important” or “extremely important” to their employee packages.

* U.S. Chamber of Commerce (2022)

Of employers

say that health benefits are the primary focus of their benefits portfolio.

** WTW (2023)

or higher

is the increase expected in employee health insurance costs in 2024.

*** WSJ (2023)

Find the best type of plan for your organization.

There are several types of health plans available for you to provide to your employees and their families. We can help you find the one that makes the most sense.

PPO (Preferred Provider Organization) plans

PPO (Preferred Provider Organization) plans have contracts with a network of participating medical providers, such as hospitals and doctors. Under the plan, you and your employees will pay less for services if participants use providers that belong to the plan's network.

HMO (Health Maintenance Organization) plans

HMO (Health Maintenance Organization) plans usually provide care with doctors and others who work for (or contract with) the HMO. What makes it different from a PPO is that it generally won't cover out-of-network care except in an emergency.

HSA (Health Savings Account) - qualified plans

HSA (Health Savings Account) - qualified plans are a type of savings account that lets participants set aside untaxed money to pay for qualified medical expenses. HSA-eligible plans may have lower monthly premiums, but deductibles can be higher.

HRA (Health Reimbursement Arrangement)

HRA (Health Reimbursement Arrangement) plans reimburse employees for approved medical and dental expenses. The employer determines a reimbursement amount up to a yearly limit.

Medical employee health benefits can cover:

  • Doctors’ services

    • Primary care
    • Preventative care
    • Catastrophic illness or accident
  • Inpatient and outpatient hospital care

  • Pregnancy and childbirth

Frequently asked questions about Employee Medical insurance.

Under the Affordable Care Act (ACA) if your organization has 50 or more full-time-equivalent employees you are required to provide health insurance.

If your organization has fewer than 50 employees, and you want to provide them with health insurance, you may also qualify for the ACA’s Small Business Health Care Tax Credit. Talk to your agent about your options.

The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives employees who would otherwise lose their coverage the right to choose to continue group health benefits provided by their group health plan for a limited time. COBRA covers situations such as job loss, reduction in the hours, or transition to a new job, as well as death, divorce, and other life events.

Your Highstreet agent can help you understand COBRA, and whether it applies to your situation.

Your business or organization is unique. Your Highstreet agent is here to really understand your employees’ needs for employee health and wellness as well as the realities of your budget. There is no one-size-fits all solution, but there are options that are just right for you.