Products
When you become an agent through GMS, you have a full array of products to offer to your clients.
Group
Medical, Dental, Vision & Life
Individual
Medical & Dental
Medicare
Supplement, Advantage, Part D, Dental & Vision
Group Insurance: Common Questions
What is Group Insurance?
Insurance coverage purchased by an employer for the benefit of the employees…
Expenses covered are those which result from a nonoccupational sickness or accident…
Premiums paid by the employer are tax deductible as ordinary business expenses…
Premiums paid by the employer and benefits received by the employee are Exempt from Federal Taxation…
Common Ways Group Insurance is Marketed
Insurance Company -> Agent -> Employer
Insurance Company -> Wholesaler -> Agent -> Employer
Insurance Company -> Employer
Types of Funding Available
Fully insured, single employer contracts and multiemployed contracts...
Self-funded or partially self-funded, single-employer or multi-employer contracts…
Fully-insured or self-funded, multi-employer trusts, associations and purchasing groups…
Full-insured or self-funded Union Trusts…
Types of Insurance Programs
Indemnity Programs
Fee-for-Service
Managed Care Programs
Point of Service (POS)
Provider Organizations (PPO)
Health Maintenance Organizations (HMO)