-
Step 1
Figure out your basic needs to give you an idea of the basic structure of the health insurance plan you should create. These include number of people to be covered, dependents, how much you want to spend, how much employees will contribute and what will be covered (such as hospitalization, emergency care, maternity, prescription drugs, vision and dental).
-
Step 2
Shop around. The easiest way to do this is to shop online and get quotes. You will need the basic information about the group if you are shopping for group insurance. This will include age, pre-existing medical conditions and other such information.
-
Step 3
Use offline means. Call up a local insurance agent or two, or if you already have dealings with one, call her and request a quote.
-
Step 4
Compare your options and make a decision. Look at the plans and quotes and decide which to choose. Then buy your preferred plan. Bear in mind that your business' payments for employee health insurance are tax-deductible. If you are self employed, you can deduct the cost of buying individual health insurance when itemizing deductions on your tax return.
