Group Health Insurance

Building a successful business is difficult, even without the challenge of finding affordable, quality health insurance.

Whether you're just starting out, or own a small business with multiple employees, we can help you find and secure health coverage for your team.

Who needs a group health plan?

Going into business for yourself can be a bit of a gamble. But not insuring yourself, family, or employees only raises the stakes.

Anyone who owns a small business should consider a group health plan. An employer-sponsored health insurance is one benefit workers truly value. In fact, offering a group health insurance plan can make you more competitive, since you can attract and retain the best workers.

Health insurance helps protect your finances in the following ways:

  • Discounted rates for medical care. Insurance companies negotiate rates with health care providers. Without that feature, even the cost of a regular checkup or office visit can be twice as high.
  • Spares you unexpected medical costs. Bankruptcy due to hospitalization over an unforeseen injury happens more often than you’d think.
  • Protects your ability to work. If you don’t have your health, it isn’t possible to work.
  • Improves access to quality care. With a group health insurance plan, you gain access to a broader network of health care providers.
  • Shields your business from personal medical costs. Unexpected personal medical expenses can impact your personal liability for medical costs. Health insurance can help you keep your business protected.
  • Attracts great employees. Employer-sponsored group health insurance coverage is a valuable benefit to top talent, and an important consideration in complete compensation packages.


What kind of health plans are available to business owners?

There are two primary categories of health insurance for small business owners and self-employed people:

  • Individual and Family Plans purchased by individuals to cover themselves or their families. Self- employed people often purchase these kinds of plans, even though some may also qualify for small business/group plans.
  • Small Business/Group Plans that are employer-sponsored health coverage. Costs are typically shared between the employer and the employee, and coverage may also extend to dependents.

After that, there are more plan options to choose from:

PPO / Preferred Provider Organization plans are the most popular for individuals and families. It’s your responsibility to make sure that the health care providers you visit participate in the PPO. A PPO plan may be right for you if:

  • Your doctor already participates in the PPO
  • You want to direct your own health care, and can work with the predetermined preferred provider list

HMO / Health Maintenance Organization plans offer health care services through a network of providers that contract exclusively with the HMO, or who agree to provide services to members. An HMO plan may be right for you if:

  • You’re willing to coordinate your care through a primary care physician, and follow the rest of the HMO guidelines
  • You enjoy preventive care such as coverage for checkups, immunizations and similar services

HSA-eligible plans are usually PPO plans with higher deductibles, designed for use with Health Savings Accounts (“SAs”). Similar to a flexible spending account (FSA) or 401(k), an HSA is a special bank account that allows participants to save pre-tax money specifically for future medical expenses in the future. An HSA-eligible plan may be right for you if:

  • You want to pay for health care expenses with pre-tax dollars
  • You’re relatively healthy and don’t need lots of care or doctor visits
  • You prefer a cheaper monthly premium even if it means having a higher deductible
  • You want to “roll over” your contributions each year

Indemnity plans allow members to direct their own health, visiting any doctor or hospital they like most. Because of this freedom, Indemnity plans are sometimes more expensive than other types of plans. An Indemnity plan may be right for you if:

  • You want the greatest level of freedom possible in choosing which doctors or hospitals to visit
  • You don’t mind coordinating the billing and reimbursement of your claims yourself

We're here to help

We specialize in covering local businesses, and business owners like you. We have everything you need right here, including:

  • Monthly payment options to help spread out your payments so you can better manage your cash flow
  • Coverage of temporary staff, full-time employees, and independent contractors
  • Claims responsiveness when time is of the essence, especially in the event of an insurance claim
  • Tailored coverage for the specific risks of your field and industry
  • Knowledgeable agents who provide exceptional, passionate service

If you are interested in a group health plan or have questions about your existing policy, please do not hesitate to contact us. We are always happy to review your situation and asses your needs.