Group Health Insurance Virginia

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Designed to fit your employee’s needs… and your budget!
Group health insurance plans are designed to offer coverage to owners, employees and their dependents. Group health plans can be cheaper than individual health plans. This is due to the fact that the insurer is taking on a pool of people, where the risk can be spread among the pool. Group health insurance is available to any group in Virginia with two or more employees!
What is group health Insurance?

• Group health insurance is health insurance coverage offered by an employer as part of the employees benefit package. The majority of working Americans have health insurance coverage through their employer.

Is my group large enough for Group health insurance?

• Group Health insurance plans require a minimum of two employees

Do employers HAVE TO provide health insurance for their employees?

• At this time, employers are not required to offer health insurance to their employees. However, most employees see health insurance as an important part of their benefit package. For most employees, the richer the health insurance benefit, the more attractive the job is to the employee.

How are Virginia Health Insurance rates determined?

• Virginia Health Insurance rates are determined by medical underwriting. For small groups, each employee applying for health insurance must submit an application with medical history. Larger groups will fill out group applications. Premiums are determined by a medical underwriter based on any medical information known by the group administrator, the groups claims history, and renewals from the past several years.

As an employer, how much of the employees health insurance premium do I have to pay?

• As an employer offering Virginia group health insurance, you are required to pay at least 50% of the employee only premium. You are not required to pay any premium for dependents.

Group Health Insurance plans offer…
Flexibility: Choose from plans that meet your specific group health insurance needs. Change your plan as your needs change.
Affordability: Preventative coverage is offered at 100%
Security- Compared with an individual health insurance plan, most insured individuals feel security with a group health insurance plan.