I own a small business and would like to give my employees more benefit options. I've tried to research insurance plans online, but every insurance site just wants me to call in to find out. Do any of you know? Are group health insurance rates a lot cheaper than regular rates?
2007-02-21 01:21:44 · 3 answers · asked by Okiedokie97 3 in Business & Finance ➔ Small Business
The larger the group the cheaper the rates because they can spread the risk. If you have a professional Association they might offer group plans. You need at least 10 employees to participate in most places otherwise. The rate will be a little high but it benefits employees that might not be able to get insurance otherwise. IE preexisting conditions (cancer,kidney disease,etc). Good luck.
2007-02-21 01:38:43 · answer #1 · answered by mss04 3 · 0⤊ 1⤋
You will need to have at least two full time employees in order to qualify for group health insurance coverage in most states - part time will not suffice. Most insurers also require a wage and tax report or articles of incorporation so it is not always as simple as just signing up like individual health insurance. Group health insurance covers all preexisting conditions, but certain conditions as well as your build will affect the premiums.
2016-05-24 01:59:05 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You might try and bookmark this website I have used for insurance research and news:
www.healthinsurance-guide.net
2007-02-24 10:54:17 · answer #3 · answered by Anonymous · 0⤊ 0⤋