Small groups in Connecticut have access to a method which can lower their overall insurance premiums by up to 25% and can also provide them with a reimbursement of premium at the end of the year. They can achieve these savings without reducing benefits.
The method is called small group alternate funding. Most brokers and employers do not even realize such a mechanism is available to groups under 50 eligible employees in CT but it is. To read more about this topic, click on our previous blog entry which gets into much greater detail. CLICK HERE FOR BLOG ARTICLE