Cornerstone Agency Services has merged with Union Bay Risk Advisors. Same exceptional service with a broader range of insurance choices!
Union Bay - Cornerstone Co-Branded Logo-fotor
We got you covered

Group Health Insurance

Don't leave everything to chance; keep yourself protected with an insurance
Get Started
Cornerstone Agency Services, LLC/ group health insurance

Group Health Insurance Provided By Our Agency

Group health insurance is often the top priority of employees since individual health insurance can be costly. It’s a large expense for employers, second only to payroll. Let us help your company navigate this process and take on some of that burden so you’re not distracted by these issues while hiring talent who will make all the difference down the line.

Click & Learn

Cost of policy
Employee value
Additional benefits
Family protection
Claim process

Cost of policy coverage

Risk Factors

If you buy an individual policy for a particular employee, you may end up paying a higher cost.


When it comes to cost, the group health insurance plans are always cheaper than individual or family floater health insurance plans. This is due to the shared premium amount among the employees.

Employee value coverage

Risk Factors

If an employer fails to offer benefits to its employees, the employees don’t feel valued which eventually decreases their productivity.


With group health insurance cover, the employees feel happy that the organization values them. In return, they also work hard to deliver their best and make better for all.

Additional benefits Coverage

Risk Factors

An individual health policy you buy for your employee won’t provide any additional benefits to them.


As a higher number of people are covered under group health insurance plans, its advantages increase for the policyholders. They get a higher value with added benefits like cover for pre-existing diseases, hospitalisation expenses, etc.

Family protection coverage

Risk Factors

If you purchase an individual health policy for your employee, the family members may have to purchase another family floater health insurance plan and pay the premium out of your own pocket.


It may depend on policy to policy, but group health insurance plans often cover your family members too. These plans protect the dependents of the employees by offering them financial help in a time of need.

Claim process coverage

Risk Factors

An individual policy’s claim process might take time since you may need to collect all the required documents before the claim process starts.


Instead of running around health insurance companies for a claim, in group health insurance plans all you need to do is connect with your employer with relevant bills. As a large number of employees are insured, the employer ensures that your claim request gets approved. The employees can even enjoy the cashless treatment.

What is Group Health Insurance?

Group insurance is a form of health coverage in which the risk for an insurer is spread across multiple policyholders. This type of plan provides healthcare benefits to members, usually company employees or membership organizations such as professional associations. Group plans often receive discounted prices from service providers because they are able to share costs among their group members rather than paying out individual rates based on each person’s needs and history with the provider.

Why do you need Group Health Insurance?

Group health insurance plans are designed to be more cost-effective for businesses. Employee premiums are typically less expensive than those for an individual health plan. Premiums are paid with pre-tax dollars, which helps employees pay less in annual taxes. Employers pay lower payroll taxes and can deduct their annual contributions when calculating income taxes.

Advantages of Group Health Insurance

The main benefit of group medical insurance is that group plans tend to have relatively low premiums. Due to the advantage of larger risk pools, group health insurance plans are often more affordable than individual health plans. When more people enroll in a group medical insurance plan, this spreads risk across a wider number of plan members in the group pool, allowing the high insurance cost of any one individual to be balanced by the premiums paid by other members of the plan.

One of the other major advantages of group medical insurance is the potential for tax benefits.
  • For an employer, the money paid toward monthly employee premiums is usually tax-deductible
  • For employees, premiums are paid with pre-tax dollars, which can reduce their taxable income
  • Eligible small businesses may be able to qualify for the small business health care tax credit

How much does Group Health Insurance cost?

The cost of group insurance is affected by several factors specific to the employer, the insured and their plan, such as:
  • Demographics of the insured (age, gender, marital status)
  • Salary
  • Type of industry
  • Types of coverage offered (dental care, short-term disability, etc.)
  • Levels of coverage (co-pay, deductible, maximum, insured volumes, etc.)
  • Use of plan (claims experience)

Group health insurance can go a long way toward making employees and employers feel better about their working relationships. Of course, having insurance will not solve all company or employee problems. Still, it can certainly go a long way toward ensuring that employees and employers feel better about everything they have at a particular company.

Picking your group health insurance is tough, but we’re here to help. We can offer you guidance on how much coverage you need and what type of benefits work best for both employers and employees. Contact us today to know more!

Already have Group Health Insurance? Switching is easy

It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.

Contact us today to help you with multiple options to choose from.
Request a Quote

Get Personalized  Insurance

First and Last Name:(Required)
Can we text you?(Required)
"By submitting my phone number, I hereby authorize Cornerstone Agency Services to communicate with me through text messaging."
MM slash DD slash YYYY
For Personal Insurance:
Select one or as many as you are interested in.
For Commercial Insurance:
Select one or as many as you are interested in.
This field is for validation purposes and should be left unchanged.
We extend coverage to individuals and businesses in 
Pennsylvania, New Jersey, and Florida.
Toll Free - (888) 499-2762

Direct to Branch Offices:
Lancaster, PA (717) 898-5982
Moorestown, NJ (856) 499-5191
Elkins Park, PA (215) 298-9398
Philly, PA (267) 678-1705
Tampa, FL (813) 330-5707
Mt Pleasant Mills, PA (570) 539–2758
Garnet Valley, PA (484) 301-3292
Altoona, PA (814) 979-1480
Ebensburg, PA (814) 615-7992
© 2024 Cornerstone Agency Services, LLC
Privacy Policy
Get Quality and Affordable Insurance
Get QuoteContact Us
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram Skip to content