Small Business Group Health Insurance

Group health insurance is a cost-effective way for small businesses to offer health insurance as its cheaper than buying individual plans.

Small business group health insurance. It is geared toward businesses with less than 50 full time employees everywhere except four states where it applies to businesses with up to 10 employees. Group health insurance plans for small businesses have certain advantages over an individual health plan. One of Blue Moon Benefits Group s specialties is serving other small businesses by providing excellent health coverage to their employees.

The Affordable Care Act sometimes called the health care law or ACA established the Small Business Health Options Program SHOP for small employers with 1 - 50 full-time equivalent employees that want to provide health and dental coverage to their employees. Although it is optional for small businesses to offer group health insurance employers may be able to benefit from the health care tax credit. Small Employer means in connection with a Group Health Plan with respect to a Calendar Year and a Plan Year an employer who employed an average of at least 1 but not more than 50 Employees on business days during the preceding Calendar Year and who employs at least 1.

A company has to have fewer than 50 employees to qualify. A group health insurance plan like a plan purchased through the Small Business Health Options Program SHOP or otherwise from a private insurance company provides coverage to eligible employees. What is Small Business and Group Health Insurance.

And having healthier employees means a healthier bottom line for you. We have been specializing in affordable high quality health insurance benefits since 1997. Health insurance for your business and employees Offering health benefits is a major decision for businesses.

It can also be for small business employees where the employer offers health insurance options. SHOP Coverage Other Coverage. The small business has 25 or less full-time equivalent FTE employees.

Group coverage is insurance that businesses purchase and offer to eligible employees and their dependents. Small Group Health Insurance Building a success business in North Carolina may be hard work but finding affordable and quality Small Group Health Plans doesnt have to be. During enrollment be sure to answer all questions honestly and to the best of your knowledge.