MEWA
Employers would be best served to look for ways to give their employees health and welfare benefits. Have that option available could entice top candidates to join your organization. This is where the multiple employer welfare arrangement, MEWA for short, comes into play. Let’s discuss what it is and how it can be beneficial.
Who Is MEWA Insurance For?
This insurance is for employers who wish to give their workers or their beneficiaries health coverage.
How Does It Work?
For the multiple employer welfare arrangement to work, employers must put money into the plan. The amount of money is determined by the number of employees on staff and the estimated cost of each worker.
Coverage
There are a variety of different plans under the multiple employer welfare arrangement. Some cater to customers looking for in-network coverage, while other plans will work with you for out-of-network coverage. The plans can be quite flexible as they are largely consumer-driven. As a business, it may be best to consult with an agent to see which plan works best for your needs.
Benefits
Employers benefit greatly from this type of insurance as they pool with small businesses for lower premiums. Another benefit for small businesses is that the insurance can provide coverage for as little as two employers or a large group. Economies of scale can be easily accessed through this coverage, something that smaller employers wouldn’t have been able to have prior.
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Mark was extremely helpful in navigating us through the various insurance options, how to compare and contrast plans, and the setup our insurance plan to meet our needs. Highly recommend!
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They have been my agent for several years now. Alway dependable when I call to answer the phone and help with and questions I might have.
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Been dealing with Mark and his crew for a long time now. Nikki is a very personable smile that is always willing to go above and beyond for the clients!.
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Dear Mark,You and your staff work hard and we are proud of you!Love youMom and Dad
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I am thoroughly pleased with eGoodwin Insurance Agency. I have only been a client for a short time and have had numerous calls from the office just checking in on me to make sure I'm well taken care of. Their customer service has been wonderful, the products they offer are top notch and I look forward to being a client in this agency for many years to come!!!
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Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.
