What should a business consider when offering a group health insurance plan?

The best healthcare for small business depends on a number of factors:

Coverage: Ensure the plan covers essential health benefits and fits the needs of the majority of employees.

Cost: Consider both the premium prices and any potential out-of-pocket expenses for employees.

Network of providers: Verify the insurance network includes your employees’ preferred medical facilities and providers.

Provider reputation: Check the insurance company’s reputation for paying claims promptly and fairly.

Plan flexibility: Look for a plan that offers choices for deductibles, copays, and coinsurance amounts. 

Employee contributions: Decide the amount of the premium that you and the employee will each play. 

Enrollment and administration process: Consider the ease of enrolling employees and the efficiency of the insurance company’s administrative processes.

Scroll to Top