Small Business Medical Insurance GA - When does it make sense?

We talk to many small business owners about 'small' group insurance plans in GA. Typically, they may have 2-3 employees or they are looking for health insurance for themselves and their family. The question is often this: Is Small Business medical insurance (small group cover) in Georgia better for our company or should we look at individual health plans?

Small group insurance plans in Georgia Vs Individual health insurance plans:

Are there any health conditions with your employees that bar them from individual health coverage? If yes, than you should definitely consider small business group insurance for your company.

Under small group health insurance rules in Georgia, the health insurance company is required to take every eligible employee. Mind you, they are not required to make the health insurance premiums affordable, but for some businesses, especially a mom and pop shop, small business group insurance in Georgia could be a life saver.

Are you a family owned small business in Georgia with everyone relatively healthy? Just looking to save money on your health insurance? If you have just one or two people in your company and you are healthy, small business group insurance in GA may not be for you. The alternative to small group cover in Georgia might be good individual health plans. The reason is quite simple, small business group health insurance benefits in GA are not always cheaper than individual health insurance plans. Under small group insurance benefits in Georgia, health insurance providers have to accept eligible employees with certain restrictions. So their risk is significantly more and for that extra risk, small business health plans generally cost a little more - and sometimes a lot more - than individual health plans.

Small group insurance plans in Georgia: eligibility

Are You Eligible For a Small Business group health insurance plan in GA? There are several criteria required to be eligible for small business group health plans. Please consult your advisor for details.

It is not easy to compare small business group health plans in Georgia if you are trying to do it yourself. You will have to contact each health insurance company and submit a request for a proposal. Health insurance brokers in Georgia have resources that make it easy for you to compare various health plans to help you find suitable coverage for your company in GA. While you are at it, you should also compare the small business group health rates to individual health plan rates for your small business. Good Luck!!