Morning Ag Clips logo
  • Subscribe ❯
  • PORTAL ❯
  • LOGIN ❯
  • By Keyword
  • By topic
  • By state
  • Home
  • Events
  • Jobs
  • Store
  • Advertise
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Subscribe to our
    daily email
    ❯
  • Portal Registration❯
  • Login❯
  • policy
  • tractors & machinery
  • education
  • conservation
  • webinars
  • business
  • dairy
  • cattle
  • poultry
  • swine
  • corn
  • soybeans
  • organic
  • specialty crops
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Morning Ag Clips

  • By Keyword
  • By topic
  • By state
  • policy
  • tractors & machinery
  • education
  • conservation
  • webinars
  • business
  • dairy
  • cattle
  • poultry
  • swine
  • corn
  • soybeans
  • organic
  • specialty crops
  • Home
  • Events
  • Jobs
  • Store
  • Advertise
Home » So many health plans – so many letters!
HEALTH INSURANCE ... Comments

So many health plans – so many letters!

Offering health insurance is a great way to attract and keep the best employees

PUBLISHED ON September 22, 2019

ASA Agri-Services Agency
ASA Agri-Services Agency
Health insurance is a complex topic, and that’s where an agent from Agri-Services Agency can help.

ATHENS, Pa. — There are lots of options (and lots of letters) available to employers who want to offer health insurance benefits to their staff. These include HMOs, PPOs, EPOs, HDHPs, HSAs, and STM Plans Health Plan.  With all these options, Agri-Services Agency thought it would be helpful to briefly explain each of these plans:

  • Health Maintenance Organizations (HMO) – HMO’s generally have a more limited number of providers who are considered “participating” or “in network”.  Each person is required to choose a Primary Care Physician (PCP) from the available participating providers and all care is coordinated through the PCP.  HMO’s do not include coverage for care received from non-participating (or “out of network”) providers.
  • Preferred Provider Organizations (PPO) – PPO’s provide the most choice in where to receive care.  The participating provider network is generally the largest and coverage is also available for care received from out of network providers.  A Primary Care Physician is not required.  Care received from in network providers generally costs much less than care received from out of network providers.
  • Exclusive Provider Organizations (EPO) – EPO’s are similar to PPOs but they do not cover care received from out of network providers.
  • High Deductible Health Plans (HDHP) – These plans typically have higher deductibles and total out of pocket costs than other plan designs.  Most benefits are subject to the deductible, including office care and prescription drugs.  Certain preventive (wellness visits) services are covered in full and not subject to the deductible.  HDHPs can also be coupled with Health Savings Accounts (HSAs).
  • Health Savings Accounts (HSA) – HSA’s are savings accounts that are owned by the employee and can be used to pay for out-of-pocket medical expenses.  Dollars deposited into the HSA may be made “pre-tax.”  Dollars withdrawn from the HSA to be used to pay for qualified medical expenses are generally not subject to taxation.
  • Short Term Medical Plans (STM) – STM’s are like PPOs in coverage and networks.  A key difference is that coverage is available only for a short, defined period of time (typically 60 days).  These types of plans can generally be purchased at any time during the year.  Importantly, these plans may not meet Affordable Care Act rules and therefore an individual enrolled in one of these type plans may be subject to health care reform individual mandate penalty.
  • Agri-Services Agency also administers their own plans for the agriculture industry that meet healthcare reform rules.  Availability of these plans is limited.

Offering health insurance is a great way to attract and keep the best employees. With that said, health insurance is a complex topic, that’s where an agent from Agri-Services Agency can help. We’ve been offering health insurance to the agriculture industry for 50 years. We understand the industry and share your values. Give us a call today at 1-877-466-9089 or visit our website at www.agri-servicesagency.com for more information on what we can offer. You can also click here to fill out a form and request additional information.

–Agri-Services Agency

Click Here to find out more about your favorite topics

risk management and insurance

Spread the word

Browse More Clips

piggybank

Tri-State Agriculture Lender’s Seminar Oct. 24

Potato growers may need to reduce pesticide use

Primary Sidebar

MORE

CALIFORNIA CLIPS

milk dairy schools (m01229, Flickr/Creative Commons)
NMPF: FDA officials agree, nutrition’s a problem for plant-based faux dairy
May 17, 2022
Revamped, robust UC Davis Olive Center classes starting in June
May 17, 2022
Winegrowers Lifetime Achievement Awards
Winegrowers Lifetime Achievement Awards to be presented
May 17, 2022
Demand for U.S. beef rebounding in Middle East post-pandemic
May 16, 2022
Dairy Girl Network announces 4th Annual Forward TogetHER Conference
May 16, 2022
  • Trending
  • Latest

YOU MIGHT ALSO LIKE...

CCE Orange County partners to offer agritourism risk management series
May 16, 2022
Protecting farms & ranches from wildfires
May 16, 2022
Part 2: Long-term care costs: what are the odds?
May 11, 2022
Registration open for 2022 Dairy Financial & Risk Management Conference
May 11, 2022
Weather Ready Farms program rolling out to Nebraska
May 11, 2022

Footer

MORNING AG CLIPS

  • Sponsors
  • About Us
  • Advertise with Us
  • Privacy Statement
  • Terms of Service
  • Customer & Technical Support

CONNECT WITH US

  • Like Us on Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube

TRACK YOUR TRADE

  • Markets & Economy
  • Cattle Updates
  • Dairy News
  • Policy & Politics
  • Corn Alerts

QUICK LINKS

  • Account
  • Portal Membership
  • Invite Your Friends
  • Subscribe to RSS
  • WeatherTrends
  • Just Me, Kate

© 2022 Morning Ag Clips, LLC. All Rights Reserved.