Need Health Insurance?

Is there a reason I should change the employer contribution level?

Usually, an employer is required to split health insurance costs right down the middle, covering 50% of the employee’s monthly premium; however, different states and insurance companies have different minimum employer contribution levels. In the case of the 50/50 split, the employee is responsible for the remainder of his or her own premium and then covers the full premium for any of his or her dependants. It is up to the employer to decide whether or not to cover more than the minimum contribution. While completing an application with the insurance company of your choice, you will have the opportunity to change our websiteýs default setting of the minimum contribution and specify your level of contribution for your employees and their dependents.

Group Insurance FAQS for Employers

• At what point do I have to decide on the percentage of the employer contribution?
• Can I make changes to a group health insurance plan that I’ve already purchased?
• Can I still get a quote even if I don’t have all the requested information about my employees?
• How are costs split between the employer and the employee?
• If I haven’t completed the application process yet, but I want to change my current plan, what should I do?
• Is there a reason I should change the employer contribution level?
• Is there any obligation for me to buy an insurance plan once I have applied?
• What is considered a qualifying event?
• When will my group’s costs be finalized?
• Why do I need to include the names of eligible employees who do not want insurance?