compare small business employee insurance

Best Health Insurance Providers for Small Business Owners

Blue Cross Blue Shield is the best health insurance for small business owners

Health insurance for small business owners enables companies to provide more affordable access to medical insurance for their employees. These are typically group policies, which means numerous people from the company are enrolled, helping everyone obtain lower rates or better coverage. These policies are tailored to smaller companies who may wish to offer health coverage to sway top talent to work with them over the larger competition.

The best small business health insurance providers offer competitive rates, flexible coverage options, access to a strong network of medical providers, and availability. Health insurance companies may tailor policies to meet the benefits employers wish to provide to their employees, sometimes offering dental and vision coverage as well as comprehensive medical coverage, giving employees more options.

Best Health Insurance for Small Business Owners of 2021

• Best Overall: Blue Cross Blue Shield
• Best Network: UnitedHealthcare
• Best for Customer Service: Humana
• Best for Health Expense Fund Options: Aetna
• Best for Preventative Care: Kaiser Permanente
• Best for Plan Options: Cigna

How does small business health insurance work?

Getting coverage through a small business health insurance plan can be more affordable than buying coverage by yourself. Here’s what you need to know:

• Coverage is generally guaranteed issue
• You need at least one employee to qualify
• You must contribute toward employee premiums
• And you can shop for coverage at any time of the year

How much does small business health insurance cost?

An average eHealth small business plan covers 5 people and costs $1432 per month in premiums – or $286 per person.