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Be Your Own Group Broker and Save on Small Business Healthcare

Introduction

In the age of DIY, you can pretty much do anything yourself. And sometimes, doing things yourself yields incredible results. 

But last we heard, it was DIY, not DIWSE (do it with someone else). When trusting someone else with a critical project, you can’t ensure they have your vision in mind—let alone when that someone is a broker and your critical project is health insurance. Trusting a broker may seem like a great idea until you find out that providers and pesky commissions typically influence the quotes they give you. So why not be your own broker to save hundreds or thousands of dollars on your small business’ health insurance needs?

DIY brokerage may seem intimidating. But fear not, because Monster Quoter is here to help guide you through the process. Learn more about how to be your own group broker and the perks it entails below. 

The Basics

Depending on the state, health insurance rates are non-negotiable for groups under 50 or 100. To ensure your employees are taken care of, you need to hook them up with group health insurance that covers their needs. In the process, you should also look for the best market rates. 

Where The Broker Comes In

The state cannot tell you what plans charge you for group insurance; that’s the broker’s job. They gather information from the insurance company and inform you of their findings. Brokers are the middleman between the insurance provider and you. 

Why Would I Want To Be My Own Broker If Someone Else Can Deal With Group Health Insurance Quotes?

Different insurance companies have different perks and price tags, as well as different tools to determine what each policy can offer. From the basics to specialized care at various price points, insurance companies provide a variety of coverage options that may or may not include expensive treatments, good doctors, or the specific attention your employees require. So, the perfect insurance plan for your small business is somewhere out there. 

The catch? Your broker may not show it to you. 

Oh. Ok, I Want To Be My Own Group Broker Now. 

Yeah, we thought so. The perks of being your own broker are endless. So, let’s break it down. By using MonsterQuoter’s advanced money-saving tools, you can get the best group health insurance rates online at a fraction of the time it would take you to get them through a broker. Here are some benefits of being your own broker:

Time

Brokers know the rates well ahead of your renewal; they just don’t tell you. Most of the time, the insurance company tells them, but they delay passing it on. This may be to ensure they get a portfolio of rates for self-benefit. On MonsterQuoter, you can get rates in just a few minutes without talking to a biased middleman. 

Money

Shop by plan or price on MonsterQuoter. You’ll see all kinds of plans on here, including from insurances you may not be familiar with. Even though your broker may show you some of the rates you’d see here, there’s no way a broker can offer you the breadth of our rates. Besides, we will never influence you to choose one plan over another based on commission. 

DIY? More like BYOB (be your own broker). MonsterQuoter gives you the tools, transparency and power to make the best decisions for your business’ healthcare insurance. Our online quoting tools make it super easy for you to find rates that match your criteria. So what are you waiting for? Our non-pushy strategists are ready to help you navigate the world of group health insurance.

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