Small business health insurance is group health coverage for companies with at least 2 and less than 50 eligible employees. Business owners, employees and dependents can participate. Employers and employees can share costs and there are special tax incentives available to businesses that provide group health insurance.
Why Provide Group Health Benefits?
Surveys have shown that employees value health insurance benefits second only to monetary compensation. By offering group health insurance benefits to your employees, you may find it easier to hire and retain the best workers for your company. Since no one can be turned down based on medical history, group coverage also protects workers or family members who might otherwise go uninsured.
First, tell us about your company and employees. Start by entering your ZIP code above. Then we’ll show you health insurance quotes from a number of leading companies in your area. Compare plan rates and benefits to find the best match for your needs and talk with one of our licensed insurance agents for personal help.
Is My Company Eligible?
Your company will probably be eligible for a small business health plan if it meets the following criteria: - Your company consists of at least two full-time owners, officers, partners and/or employees, as verified by officially-filed state quarterly wage and tax statements or annual federal tax return documents; - Your company is a legitimate business entity as verified by one of the following documents: - A business license or fictitious name filing (proprietorships and partnerships); - Articles of incorporation (corporations); or - Articles of organization (limited liability company).
Eligibility may vary among insurance companies and by state. If you have any questions about your company’s eligibility for a particular small business plan, please call one of our licensed representatives Mon - Fri, 9AM-5PM PT at 800-557-5693.