Looking for coverage for your employees?

When searching for a group it is easier than you think. First thing to consider is how many employees you have. **Being under 25 employees you actually have more options available because your NOT Required to provide health insurance. You can decide whether you only want to facilitate it or all the to paying 100% for all employees coverage, and anything in between.

Option 1 - Group issued plan: This is your traditional large employer plan has, any employer over 25 employees has this. You give a number to the insurance company, they give you a number back of how much it’s going to be to insure that number of employees. That rate is typically going to be relatively expensive simply because the insurance company is insuring everyone regardless of their preexisting conditions or needs.

Option 2 - Medically underwritten group plan: This is only an available option for employers that have less than 25 employees. These are are going to more preferred rates for you group as whole and individually as well. Reason being, each employee woudl disclose their preexisting conditions if any and the insurance company bases their approval off the health conditions presented. This what also gives the employer the ability to have multiple ways to contribute. Whether that is a flat contribution, or a set percentage towards every employer ranging from 100% to zero. A medically underwritten plan gives a small business owner the most control over how to best provide benefits for their business.