A group health insurance plan is a key component of many employee benefits packages provided by employers. The majority of Americans have group health insurance coverage through their employer, or the employer of a family member.
How Much Does Group Health Insurance Cost?
The insurance company will determine the final monthly cost for your group health insurance plan, once your application has been reviewed and approved. The insurance company will assess your group using a number of criteria. These include the size and location of your company and the ages of your employees, to arrive at the final monthly rate or premium. As part of the Affordable Care Act, the health of your employees, including pre-existing conditions, no longer impacts group health insurance rates. Please note that your final monthly rate will be the same whether you apply through eHealth, another health insurance agent, or directly with the insurance company.
Businesses with 1 to 100 employees may be eligible to provide small group health insurance to their employees. If you have any questions about your company’s eligibility for a small business plan, please call one of our licensed representatives Monday through Friday.