Group insurance plan provides healthcare coverage to a select group of people. Group health insurance plans are one of the major benefits offered by many employers. These plans are generally uniform in nature, offering the same benefits to all employees or members of the group.
We also offer group coverage for small business', starting with a 2 person group.
In addition we can customize supplemental plans for each person in your group. BENEFITS OF THE SHOP MARKETPLACE.
Group health insurance plans usually cost less for participants than individual plans that offer the same benefits. This is because the risk is spread over the entire group, rather than one person. If the cost of premiums is borne by the insurer, then they are fully deductible, while any benefit received by group members is tax free.
Find out if your business qualifies for the SMALL BUSINESS HEALTH CARE TAX CREDIT.