Group Health Insurance in Phoenix, AZ and the surrounding metro area
Benefits that Keep your Employees Happy
Horizon Insurance Agency provides group health insurance to businesses in Phoenix, Mesa, Glendale, Peoria, Tempe, Scottsdale, and surrounding areas.
As an employer in today’s business world, Horizon Insurance Agency knows how important it is to provide health insurance to the most valuable asset of your business – your employees. By providing each employee with a plan that meets his or her expectations, it can help your business lower turnover and keep a staff that’s healthy and insured with peace of mind.
At Horizon Insurance Agency, we’re proud to offer a variety of group health Insurance plans for small to mid-sized businesses – for quality assurance and additional benefits. Our health insurance specialists will work with you one-on-one to develop a group plan that’s not only affordable, but complements your business’s needs.
Which Plan is Right for your Business?
Group health insurance plans typically include either indemnity plans, such as Fee-for-Service (FFS), or managed care plans, including: Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), and Point-of Service (POS).
The major difference between Indemnity and managed care plans is the types of providers, choices of doctors and physicians, out of pocket expenses, and medical bill payments.
Since group health insurance options vary from state to state in coverage options and benefits, as well as the size of your business, it’s important to discuss your business’s Health Insurance needs with a specialist at Horizon Insurance Agency who can help you find a solution that’s ideal and feasible for you and your employees.
What Is Group Health Insurance?
Group health insurance is an employer-sponsored medical insurance policy for employees. This coverage provides health insurance to members at a lower cost than if obtained individually due to the risk spread across multiple members of a group health plan.
Is Group Health Insurance Required?
Group health insurance is not required for small businesses. If you’re a small business (fewer than 50 employees) and choose not to offer group health insurance, you will not be punished under the Affordable Care Act (ACA).
How Does Group Health Insurance Work?
A business can buy a group health plan to provide medical coverage to its employees. Enrolling in group health insurance requires at least one full-time employee in addition to yourself, the business owner. Only groups can enroll in this plan, not individuals.
Who Is Eligible for Coverage?
If an employer offers coverage to any full-time employees, it generally must be offered to all full-time employees. The employer has the option to provide plans for part-time employees as well, but if coverage is offered to any part-time employee, then all of them must be offered coverage. Any eligible employee can’t be denied coverage based on preexisting conditions.
In addition, any dependents of eligible employees are generally qualified for insurance under a group plan. Dependents typically include spouses and children but cannot get coverage unless the employee has enrolled. Under the ACA, group insurance plans must extend insurance protection to adult dependents through age 26.
Contact Us Today!
At Horizon Insurance Agency, we know that deciding on the right coverage option can be difficult. Contact us today—we’re here to help!