You must protect your business and employees with commercial business insurance if you’re a business owner. Since there are many types of commercial insurance, you may have questions about which types of insurance are best for your company. If your company is in the Albany, NY, area, our Toedt Insurance Agency LLC team is ready to answer your insurance questions. We’ve been working with companies in your area since 2006.
Commercial HMOs versus Commercial PPOs
One type of insurance your company must buy is health care for your employees. You’ll want to help your employees stay healthy and let them care for themselves when they get sick. Many businesses choose a managed healthcare policy for their employees. With a managed care policy, each employee and their family members have a primary doctor.
The two major types of managed care health policies are commercial HMOs and commercial PPOs. With an HMO (Health Maintenance Organization), your employees will choose a primary provider from a prepared list of doctors and other health professionals. Clients with HMOs who need specialists must have a referral from their primary doctor. In a PPO (Preferred Provider Organization), the employees can choose any doctor but must pay an additional fee for doctors not listed in the designated network.
Call Us Today for Your Appointment
In addition to health insurance for your employees, your company needs to have property, liability, and workers’ compensation policies. Companies in the Albany, NY area will find options for all those insurance policies and some supplemental policies that may fit your company’s needs. Each member of our team at Toedt Insurance Agency LLC will provide you with insurance information and excellent client support. Call us for an appointment today and let us help you get the insurance your company needs.
