Group insurance is employer-sponsored health coverage for business owners, employees and often for dependents. A majority of Americans have group health coverage through their own or a family member’s employer-sponsored group plan. With a group health plan, employers and employees can share the costs of the coverage and there are special tax incentives available to businesses that provide group health insurance.

How does it work?

As an employer, you select a group health insurance plan and then invite your employees to enroll. Typically, employers cover at least 50% of each employee’s monthly premium, and can also contribute to dependent premiums. The remainder is paid for by the employee.

Is it right for my business?

If you want to provide health insurance benefits and you’re able to contribute toward employee premiums, group insurance is the way to go. Offering group health insurance can help you hire and retain the best workers, and the amount you pay toward employee premiums may be tax-deductible. Since no one can be turned down based on medical history, group coverage also protects workers or family members who might otherwise go uninsured.

How do I get started?

First, tell us about your company and employees. For your convenience, you can do this on-line by completing a company census. Then we’ll show you health insurance quotes from a number of leading companies in your area. Compare plan rates and benefits to find the best match for your needs and talk with one of our licensed insurance agents for personal help.

David Malt & Associates can also help your business with a group life and group disability plans, helping you provide your employees a top notch employee’s compensation package.