Small Business Health Insurance FAQs
Small business group health insurance typically refers to employer-sponsored plans. However, we offer an alternative: private health insurance policies that small business owners can offer to their employees—often with more flexibility and personalized coverage.
Private health insurance is purchased directly from a licensed agent or insurance company and may offer more flexible options than marketplace plans. Marketplace insurance is government-facilitated and often includes subsidies. We help clients compare both to make the right choice.
We help small businesses set up private, ACA-compliant health insurance plans tailored to each employee. As the employer, you can choose to contribute a fixed amount toward their premiums, offering valuable benefits without the cost of a group plan.
Yes! Many small businesses choose to offer individual private policies for each employee instead of a group plan. This option gives employees more control over their coverage and may be more affordable for business owners.
No. These are private individual plans, not formal group insurance policies. However, they serve the same purpose by allowing employers to offer health benefits—often with more flexibility and at a lower cost.
Yes, private health insurance is a great option for small business owners who want to offer employee coverage or need individual protection. We work with Florida small businesses to build custom group plans.
Private health insurance policies can provide employees with more plan options, portable coverage, and potential cost savings. It also allows you to avoid some of the administrative burdens and participation requirements of group plans.
Costs vary depending on employee age, location, and coverage needs. However, offering individual policies is often more cost-effective than sponsoring a full group health plan. We’ll help you find budget-friendly options.
Yes. In many cases, small businesses can reimburse employees for individual health insurance premiums through an ICHRA (Individual Coverage Health Reimbursement Arrangement) and receive tax benefits.
Private policies are ideal for very small businesses, even those with just 1 or 2 employees. You can still provide valuable health coverage without meeting the participation rules or premium contributions of group plans.
Yes. Each employee can choose a private plan that fits their unique health needs, preferred doctors, and budget. We’ll guide them through the process to make it simple and stress-free.
Contact us today for a free consultation. We’ll walk you through your options, compare top-rated private plans, and show you how to offer coverage that supports your team and your bottom line.
Small business health insurance refers to medical insurance plans offered by employers with 2 to 50 employees. These plans help provide coverage for your staff and can also benefit your business by attracting and retaining top talent.
If you have fewer than 50 full-time employees, you’re not legally required to provide health insurance. However, offering coverage can improve employee satisfaction, reduce turnover, and may qualify you for tax credits.
