Small business group health insurance
Small Business Group Health Insurance is a great way to offer your employees health benefits at an affordable rate. When grouping employees together into a group health insurance plan, the premium per person normally goes down compared to if they were to purchase the insurance separately. This can be a great way to retain employees. Small business group health plans are normally defined as having anywhere from 1-99 employees on the plan. If there are more than 100 employees on the plan, it should be a large business group health insurance plan.
There are usually 3 different type of small business health insurance plans:
- Health Maintenance Organization (HMO): Care must be done in-network to avoid additional expenses. These plans are affordable coverage and have relatively low out-of-pocket expenses.
- Preferred Provider Organization (PPO): Often provide larger networks and give insureds more flexibility on who provides their care. However, the premiums are normally higher than an HMO plan.
- Point of Service Plans (POS): A mix of HMO and PPO plans. The network for a POS can vary depending on where the insured lives. The premiums are normally in the middle between HMO and PPO plans.
Free Assistance:
Wexford Insurance works with top insurance companies to provide you with affordable and quality insurance. We will never sell your information and our services are free of charge. Give us a call today at 317-942-0549 or fill out the link below to start the quoting process.
Group Health Insurance By State
Alabama Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Idaho Illinois Indiana (Indianapolis, Greenwood, Fishers, Evansville, Fort Wayne, Bloomington, Columbus, Carmel, Noblesville, Lafayette, Muncie, Terre Haute, Kokomo)
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