Health Insurance

What is group health insurance?

Group health insurance is when a company offers a health insurance policy to its employees. If you have a plan on your own, not through an employer, this is considered individual health insurance.

How do you get group health insurance?  

There are two ways you can select a group plan for your company: You can use a broker or you can purchase your own plan through the ACA’s marketplace, SHOP. If you go the broker route, they should guide you through the whole process, including helping you select a plan that’s right for your company, rolling it out to your team, and keeping you compliant.

This article provides general information and shouldn’t be construed as legal, benefits, or HR advice. Benefits and insurance regulations may change over time and may vary by location and employer size. So, please consult a licensed broker or appropriately certified expert for advice specific to your business’s benefits options.