SMALL BUSINESS BENEFITS

Small business group health insurance plans provide medical coverage for employees and their dependents, offering benefits such as doctor visits, hospital stays, prescriptions, and preventive care. These plans help businesses attract and retain talent while ensuring employees have access to necessary healthcare.

Small businesses with 3 to 50 employees typically qualify for group health plans. Some states and insurers extend coverage to businesses with up to 100 employees. At least 70% of eligible employees must enroll in the plan, though some exceptions apply.

1. Attract and Retain Employees – A strong benefits package, including health insurance, makes your business more competitive in hiring and retaining top talent.
    
2. Tax Advantages – Employers may qualify for tax credits if they meet certain criteria, such as covering at least 50% of employee premiums. Employer contributions to premiums are also tax-deductible.
    
3. Lower Premiums – Group plans typically offer lower premiums compared to individual plans due to the risk pooling effect, making healthcare more affordable for employees.
    
4. Better Coverage Options – Group plans often provide comprehensive coverage, including preventive care, mental health services, maternity benefits, and prescription drug coverage.
    
5. Employee Wellness & Productivity – Healthier employees mean fewer sick days, increased productivity, and a more positive workplace culture.

Coverage Options Available

✅ Health Insurance – Covers medical expenses, doctor visits, hospital stays, and preventive care.
✅ Dental & Vision – Helps employees manage oral and eye care expenses.
✅ Life & Disability Insurance – Provides financial protection in case of accidents, injuries, or loss of life.
✅ Workers' Compensation – Protects employees and your business in case of workplace injuries.
✅ Retirement Plans – Helps employees plan for their future while improving job satisfaction.
 

1. Assess Employee Needs – Consider age, health conditions, and preferred healthcare providers.
    
2. Compare Costs – Balance premium costs, deductibles, copays, and out-of-pocket expenses.
    
3. Check Network Availability – Ensure employees have access to local hospitals and doctors.
    
4. Review Additional Benefits – Look for dental, vision, and wellness programs to enhance the plan.
    

1️⃣ Consultation: We assess your business’s needs.
2️⃣ Plan Selection: Choose from a range of flexible, affordable options.
3️⃣ Enrollment & Support: We assist with implementation and ongoing support.

Partnering with an independent insurance broker ensures you get unbiased guidance in selecting the best plan for your business. Brokers compare multiple carriers and customize solutions to fit your budget and employee needs.