Small Business Health Insurance

Health benefits for your small business

Health insurance is how a small business keeps a good hire. I'm an independent broker, and I help owners with 50 or fewer employees find a group plan that fits the team and the budget.

Not sure what your business is required to offer? The business check gives you the list in about a minute.

Who qualifies for small group coverage?

• Businesses and nonprofits with 1 to 50 full-time equivalent employees
• Sole proprietors and self-employed owners with at least one employee who isn't an owner or an owner's family member

What I do for employers

• Plan selection. I compare medical plans across carriers, with dental and vision if your team wants them.
• Cost. I lay out what the business pays and what employees pay, so you can budget.
• SHOP and tax credits. I check whether you qualify for the small business tax credit.
• Your team's questions. I explain the plan to your employees so they know what they're enrolling in.
• Renewals. I review the plan every year and handle the changes in between.

The small business tax credit

If you have fewer than 25 full-time equivalent employees and your average wage is under the limit the IRS sets each year, you may qualify for the Small Business Health Care Tax Credit. The coverage has to come through the SHOP Marketplace. The credit can cover up to 50% of what the business pays toward premiums, for two years in a row. I'll check whether you qualify.

Why use a broker for group coverage?

• No extra cost. The carriers pay my commission, so my help costs the business nothing.
• More than one carrier. I'm not tied to one insurance company, so I can compare them.
• All year. Claim problems and mid-year changes come to me, not only enrollment.
• ACA rules. I help you keep up with ACA requirements and reporting.

Plan types

• HMO plans. Lower premiums, with care inside a network.
• PPO plans. More freedom to see providers outside the network.
• High-deductible plans. Lower premiums, and your employees can use a health savings account.
• Bundles. A medical plan with dental and vision added.

Getting a group plan quote

1. A free call. We talk about your team and what the business can spend.
2. The comparison. I shop several carriers and show you the best options side by side.
3. Enrollment. I handle the paperwork and walk your team through signing up.
4. After that. I'm the one you call for renewals and changes.