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Small Business Health Insurance: Myths vs. Facts

Many small business owners have misconceptions about offering health insurance. Discover the truth behind common myths and learn how small businesses can provide coverage for their employees.

Myth

Small businesses can't compete with larger companies

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Truth

Offering group health insurance makes your business significantly more attractive to qualified candidates. Benefits are often cited as a top factor in choosing an employer, and providing coverage shows prospective employees that your company invests in their well-being—leveling the playing field with larger competitors.

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Myth

Offering health insurance doesn't impact employee productivity

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Truth

Providing health coverage demonstrates that you value your employees' well-being, which leads to higher morale, better retention, and increased productivity. Employees who feel supported are more engaged, take fewer sick days, and are more loyal to the company.

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Myth

Small businesses have to pay the full cost

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Truth

Group plans are often more affordable and customizable than many business owners realize. Employers can choose how much they contribute, and employees can share in the cost through payroll deductions. There are plan designs that fit almost any budget.

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Myth

Health insurance premiums are just another expense

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Truth

Small businesses can typically deduct premium contributions as a business expense, reducing taxable income. This tax advantage means the actual cost of providing coverage is often lower than the sticker price, making it a smart financial move.

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Myth

Health insurance is only available to large companies

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Truth

Many group health plans are designed specifically for small businesses, available with as few as two employees. You don't need a large workforce to offer competitive benefits—plans are tailored to fit businesses of all sizes.

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Speaker presenting employee wellbeing benefits to a small group

Group Plan Options

We offer two types of group plans to fit your business needs. Whether you're looking to save or need comprehensive coverage, we have you covered.

Underwritten, Cost-Saving Plans

Designed for small businesses that want quality coverage at a fraction of the cost. These plans offer flexibility and portability that traditional group plans can't match.

  • Portable — no COBRA needed
  • Up to 40% savings compared to marketplace plans
  • Fully customizable plans
  • Available for companies with up to 50 employees
Learn more

Major Medical Plans

Comprehensive coverage for businesses of all sizes. These plans provide the full range of medical benefits your employees expect, including maternity and prenatal care.

  • Carrier helps with COBRA
  • Employer level underwriting
  • No employee limit (500+ employees)
  • Covers maternity and prenatal care
Learn more

By completing our Group Plan Quote Survey, we'll be able to match your company with the most suitable group plan based on your team size, budget, coverage priorities, and long-term goals!

Group Plan Quote Survey

Fill out the form below and we'll help you find the perfect group plan for your business.

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