Group Health
Group Health Information
The key to a successful business is always great employees. Finding and maintaining good talent is difficult these days, as business are offering competitive employee benefits package to draw in employees. Having a fantastic employee benefits package is a must. One of the most important parts of a benefits package is health insurance.
Offering a comprehensive and affordable group health insurance package can be the difference in attracting and obtaining great talent. J.S. Edward & Sherlock Insurance Agency works with business owners to tailor a group health insurance policy that suits the employees and the business’ budget. Give us a call at 409-832-7736 or fill out an online form for a free quote today.
Common Group Health Insurance Questions
How Do You Qualify for Group Health Insurance?
Eligibility for group health insurance depends on the size of the business and number of employees. Most businesses qualify with one full-time employee.
Who May be Covered Under Group Health Plans?
All full-time employees must be offered group health insurance. This insurance may also cover the employee’s spouse and dependents.
How Many Employees Do You Need to Qualify for Group Health Insurance?
Generally, businesses with 1-50 employees qualify for small business group health insurance.
How Much is Group Health Insurance?
The cost of group health insurance is typically split between employer and employee. On average, businesses pay around $5,711 a year for group health insurance coverage. Keep in mind that this also depends on the number of employees and amount of coverage.
Why Buy Group Health Insurance?
Group health insurance is a great benefit to offer employees who don’t have an individual health insurance policy. Group health insurance spreads the risk and costs of health insurance between employers and employees.
How Does Group Health Insurance Work?
Employers can purchase a single group health insurance policy. This is a policy with the insurance provider of their choice. Employees can then choose to sign up for group health insurance through their employer. The employees do not have a choice in who the insurance provider is, but they do have some flexibility in the type and amount of coverage they sign up for.
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