Innovation Benefits Introduces New Group Health Insurance Options for Small and Medium Sized Businesses in Florida
Released on: May 28, 2008, 10:11 am
Press Release Author: Mike Smith/ Innovation HR
Industry: Human Resources
Press Release Summary: Innovation Benefits, Inc.'s new health insurance offerings for small and medium employers provide significant potential premium savings.
Press Release Body: Rocky Mount, N.C., May 28, 2008 - Innovation Benefits, Inc., a wholly owned subsidiary of Rocky Mount, N.C. based Innovation HR, Inc. will launch health plans for small and medium sized employers in Florida, effective May 23rd. The plans are designed to provide more flexible, cost effective, and comprehensive health coverage options for companies with 15 to 500 plan participants. The innovative benefits packages are designed to allow these companies the ability to offer competitive group medical insurance coverage and aid in the retention of their workforce.
"Innovation Benefits, Inc. is committed to addressing the medical insurance needs of this sector," said Stephen Keenan, Innovation HR's President and CEO. "Our plans are designed to offer significant potential savings and additional flexibility to employers while appropriately addressing the health care needs of their employees. In some cases these plans could extend their network of healthcare providers. By providing small and medium sized businesses the opportunity to level the playing field in terms of benefits typically offered by larger companies, these plans have the potential not only to save companies money on lower premium payments, but also could decrease employee turnover, and minimizing other expenditures."
The flexibility of the plans makes it easy for organizations to tailor their plan according to company preferences, employee needs, and budgets. Innovation Benefits' new group health insurance plan portfolio includes a broad spectrum of benefits with multiple in-network insurance levels and annual deductible choices. The plans can be further customized with optional benefits such as dental and vision insurance, life insurance and supplemental accident coverage.
The plans can include coverage for routine checkups and preventative care, specialty care, hospitalization and surgery, diagnostic testing, prescription drug coverage, and emergency care, subject to applicable co-payments, coinsurance and deductibles.
"I couldn't be more excited about this robust offering," said Keenan. "I firmly believe these group health care options will be a breakthrough offering for the small and medium sized business community."
Interested companies can learn more about Innovation Benefits' group medical plans at http://www.innovationhr.com or call 1-866-928-5570. Health insurance quote applications for the plans are available online or by phone.
About Innovation HR:
Innovation HR is a leading outsourcer of human resource services, serving as a comprehensive human resources department for small and medium-sized businesses. Innovation HR provides our clients and their employees with a wide array of value-added benefits and services not typically available to this market. Innovation HR relieves the high costs and burden from an organization's human resource activities, streamlining our clients for success by focusing their internal resources on their profitability.
Web Site: http://www.innovationhr.com
Contact Details: Contact: Mike Smith VP of Business Development Innovation HR 813-752-0781