How does small business health insurance work?

There are four major things every small business owner must know about how small business health insurance works.

  • Coverage is usually guaranteed.
  • You need to have at least an employee to qualify.
  • You must contribute some amount toward employee premiums.
  • And you can purchase coverage at any time of the year.

Frequently asked questions?

Under the Obamacare which is also known as Affordable Care Act, a business that have less than 50 full-time employees are not required to offer health insurance to their employees, and they won’t face any penalties for not doing it.
Whether you provide health insurance or not, it’s very important to inform your employees about their obligation to seek health coverage under the Affordable Care Act. Also, you must let your employees know that they have access to guaranteed coverage which they can get in the market. They may also be eligible for government grants if the coverage the employer provides them is not fit to be under the law.

Under the Affordable Care Act, compensating employees for private insurance (family or individual health insurance that is purchased by the employee) is no longer permitted as of July 1st, 2015. This type of procedure which is also known as employer payment plans fails to satisfy the market reforms and may be subject to a payment of $100 per day including tax or $36,500 annually under section 4980D of the Internal Revenue Code. 



If your firm has more than 50 employees, it’s compulsory to provide health insurance for your employees or face penalty. All MultInsurance Solutions plans are ACA compliant and will help you avoid any penalties. 
Since health insurance plan rates are controlled by your state Department of Insurance, you must pay the same monthly premium, irrespective of where you purchase your insurance. Whether it’s from MultInsurance Solutions, local agent or directly from the health insurance firm. This means you can have access to the benefits and convenience of shopping and getting your health insurance plan through MultInsurance Solutions and ensure you are getting the best price that’s available on the market.
For the same health plan, the premiums cited on multinsurancesolutions.com should match premiums quoted from any other source. If you are matching and comparing our rates with other insurance firms, ensure that the same number of employees, children and spouses was used in the quote. Age and home zip code must also be put into consideration. These details will affect the overall quote.
If you already have an insurance broker or you have purchased a group health insurance plan in the past through a health insurance company or a broker. MultInsurance Solutions can assist you in maintaining your present plans or finding a new plan that suits your health insurance requirements.


In addition:
  • MultInsurance Solutions offers you with first-class and exceptional customer service.
  • MultInsurance Solutions is a platinum agent with many top health insurance companies.
  • MultInsurance Solutions has committed an accounts manager that’s going to help you.
  • Rates are regulated and do not differ by a broker. Therefore, there’s no additional cost.
Once your application has been reviewed and approved, the insurance company will fix the monthly cost for your group health insurance plan. The insurance company will evaluate your group by making use of different measures which include the location and size of your company, the age of your personnel to get a final rate for your premium. As part of the Affordable Care Act, the health of your workers, including pre-existing circumstances, does not affect the group health insurance rates. Kindly note that your monthly rate will be the same whether you apply with us or with another health insurance company.

The following are the processes for choosing and applying for a group health insurance plan:

  • Tell us about your employees and company on multinsurancesolutions.com
  • We offer health insurance quotes for leading companies in your location.
  • You can compare plan rates and benefits to find the plan that best meets your requirements.
  • You will be able to speak with a certified agent for personal help choosing a plan and starting the application procedure.
Generally, an employer covers about 50% of the employee’s monthly premium. In this case, the employee will pay for the remaining premium and then covers the full premium package for any of his or her dependents. The least payment for each employer’s contribution may differ from one state to another and from one insurance firm to another. Furthermore, some employers may choose to cover a higher percentage of the employee’s premium and sometimes a percentage of the premium costs for an employee’s dependents.
Businesses with fewer than 50 employees are not required to provide health insurance for their employees. However, that doesn’t mean small business owners should not provide health insurance for their workers. When employees have access to health care, they are more likely to find solution to preventative care that will limit sickness, reduce workers absence from work and increase efficiency.
Business owners that have 25 or fewer employees with average annual wages that are less than $50,000 may be eligible for a special tax credit of about 50% of the amount that was contributed by the employer. Huge tax benefits may also be available for employers that provide group health insurance coverage to their employees.
Group health insurance does not include coverage for vision and dental. However, these are available as an advantage that can be included in your group health insurance plan for an additional cost. Once you choose a group health insurance plan,
Find your small business health insurance plan

Small Group Health Insurance | Small Business Health Insurance Texas

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