NJ Individual Health Insurance Becomes More Affordable

Here at CG Benefits we noticed a very interesting trend. For some employers that may have one or two employees enrolled, the individual health insurance marketplace may offer less expensive health insurance coverage as an alternative.

This happened recently but, one carrier for example, Horizon Blue Cross Blue Shield has lowered their rates to be very competitive with the employer based market. Their EPO and EPO Plus product is a viable method to insure yourself and your family, even if you are eligible for group coverage.

Now I’m not saying that every employer should run out and drop their group coverage and let the employees cover themselves in the individual marketplace. You will lose some of the benefits of the employer based group marker such as expanded support services such as billing, claims, and administration assistance provided to employers.

To check to see if you can benefit from new low rates for individual health insurance, get a quote now.