Group Health

An in-depth understanding of health insurance should be a top priority for both businesses and their employees. These policies may provide insureds and their families crucial access to essential health care services. However, health insurance may come in many forms and can be complicated. Small group health insurance can be particularly appealing in some situations, but comprehensive knowledge about these arrangements is necessary to ensure adequate coverage.

What Is Small Group Health Insurance?

As its name suggests, small group health insurance is a subset of group health insurance intended for organizations with limited enrollees. Under a group health insurance arrangement, employers establish and oversee the plans offered to employees, who may then be able to choose the coverage that best suits their needs, circumstances and budget. Small group health insurance typically mirrors this functionality, albeit while having strict requirements regarding how many members can sign up for coverage. These tailored arrangements may help smaller organizations limit the cost of group health insurance.

What Is Considered a Small Group for Health Insurance?

In 46 states, including Minnesota, small group health insurance coverage is available to organizations with 50 or fewer full-time equivalent employees. In California, Colorado, New York, and Vermont, this limit has been increased to 100. In addition, most small company group health insurance plans require a certain percentage of eligible employees to enroll in coverage to maintain the policy’s active status.

Learn More

At Wimmer Insurance, our team of knowledgeable professionals is well-equipped to help small businesses and their employees secure appropriate health plans. Contact us today to learn more about your options.