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Group Insurance

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The cost of small business health insurance, also known as small group health insurance, will depend on the type of plans offered to your employees. As a small business owner, you will be required to offer a minimum of Essential Health Services to all of your employees. They will have the option to accept or deny the coverage. 

 

Why our insurance policy's

1. 24/7/365 Employee Support

Employees can get live support anywhere, anytime, from talking to a nurse to getting proactive guidance for all questions related to their plan or benefits.

2. Virtual Care

On-call doctors and therapists deliver care whenever and wherever your employees need it.

3. Health Engagement Team

Our team helps employees access their plan, how to best use their plan, and offer ways to improve their health through wellness programs.

4. Clinical Expertise

Employees have access to personalized coaching, treatment decision support, and specialty care management for a range of chronic diseases and conditions.

Fast & Easy Process

Our fast and easy process ensures quick policy setup

24/7 Supports

Get round-the-clock support for all your insurance needs

How Many Employees Do You Need To Offer Small Business Health Insurance?

The number of employees is just one of four requirements to qualify your business for small group health insurance. You must generally:

FAQS

Frequently asked questions

Premiums:  Premiums are the monthly payments for health insurance coverage. Higher premiums provide more coverage for some plans. As a small business owner, you typically pay at least 50% of the premium for your employees. Paying half also allows your business to claim the federal government small-business healthcare tax credit.

Network: Some plans require employees to use doctors in their network or pay more for out-of-network providers.

Out-of-pocket costs: Out-of-pocket costs for employees include deductibles, coinsurance, and copayments for covered services plus all costs for services that aren't covered.

Zoom Health Plans are evaluated by looking at the total group of employees in your company covered under the plan. With group health insurance, an employer pays all or part of the monthly premiums for the plan.

A few factors affect what you will pay per employee for group health insurance. To calculate health insurance for your company, you need to determine the following:

Employee premium contributions
How much your employees contribute to monthly premiums affects the overall cost of health insurance for your business. As a small business owner, you may want to contribute more than half for group health insurance as an incentive for employee recruitment and retention.
 
Amount of coverage
As a small employer, you may want to include coverage specific to your industry, such as coverage for risk-related injuries and illnesses to protect against medical liability. Consider the age of the employees being covered and where they are located when it comes time to compare the cost of group insurance health plans.
 
Tax credits
Under the Affordable Care Act, employers who have fewer than 25 full-time employees, who pay average wages of $56,000 or less, or who cover at least half of their employees’ premiums are eligible for tax credits for their small group health insurance plans. These credits can help lower the cost of your small business health insurance.