What is group health insurance?

Group health insurance provides medical coverage to employees and, often, their families, typically at lower costs than individual plans.

Is group health insurance required in Colorado?

While not required for small businesses, companies with 50 or more full-time employees must offer health insurance under the ACA.

It usually covers doctor visits, hospital stays, prescription medications, preventive care, and sometimes dental and vision services.

What is group health insurance?
Group health insurance provides medical coverage to employees and, often, their families, typically at lower costs than individual plans.
Is group health insurance required in Colorado?
While not required for small businesses, companies with 50 or more full-time employees must offer health insurance under the ACA.
What does group health insurance typically cover?
It usually covers doctor visits, hospital stays, prescription medications, preventive care, and sometimes dental and vision services.

Can I customize a group health plan?
Yes, plans can be tailored to include additional benefits like dental, vision, or wellness programs to meet your employees’ needs.
Are there tax benefits for offering group health insurance?
Yes, businesses can often deduct premiums and may qualify for tax credits through the Small Business Health Options Program (SHOP).
Does it cover part-time or seasonal workers?
Coverage for part-time or seasonal workers depends on the plan’s terms, but many businesses offer optional coverage for these employees.

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