Group Health Insurance Options for Employers

Offering health insurance is one of the most important decisions an employer can make for their team. Group health plans not only help attract and retain top talent—they also contribute to a healthier, more productive workforce. Whether you’re a small business or a large corporation, there are flexible, affordable group health insurance solutions to fit your needs.

What Is Group Health Insurance?

Group health insurance is a single policy issued to an organization that covers eligible employees—and often their families. As the employer, you typically share the cost of premiums with your employees, which helps make the coverage more affordable and accessible.

1. Fully-Insured Plans

These are the most traditional plans, where an insurance carrier assumes the financial risk for employee health claims. Employers pay a set monthly premium to the insurer.

• Predictable monthly costs
• Simple to manage
• Wide range of plan options and networks

2. Level-Funded Plans

A popular choice for small to mid-sized businesses, level-funded plans combine elements of both fully-insured and self-funded models. Employers pay a fixed monthly fee, and unused claims funds may be refunded at year-end.

• Cost control with potential savings
• Access to claims data
• Stable monthly billing

3. Self-Funded (Self-Insured) Plans

Larger employers may choose to fund their employees’ medical claims directly, assuming the financial risk. These plans often include stop-loss insurance to protect against high-cost claims.

• Maximum flexibility
• Potential cost savings
• Customizable coverage

Deciding between Marketplace plans, private options, or a health share plan depends on your budget, health needs, and personal preferences. If you’re unsure which is right for you, our licensed agents can help you compare your options and walk you through the enrollment process.