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Group Health Insurance Plans

A group health insurance policy makes sense now more than ever. Group health insurance can help make healthcare affordable for employees and their families while you can enjoy tax savings and additional benefits such as attracting quality talent and retaining your best employees.

Employer Advantages of Group Health Insurance Plans With Paychex Insurance Agency, Inc.

Simplified Administration Through Payroll Integration

We can help you gain efficiency and minimize data entry errors by integrating your group health plan with Paychex payroll through Paychex Flex®, our all-in-one benefits, payroll, and HR software solution.

Easy Group Insurance Plan Enrollment and Employee Self-Service

Onboarding with us is easy. We help enroll your employees, communicate with insurance carriers, initiate payroll deductions, and simplify group health plan management through our Flock Benefits Administration benefits platform within Paychex Flex. Employees can also quickly check their benefits information in real time via our secure mobile app.

Licensed Agents Can Help You Select a Group Health Plan

Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), Point-of-Service (POS), or High Deductible Health Plan (HDHP) — which is best for your business? Our licensed agents will explain the different group health plans and show you a comparison to help you decide. We also have dedicated insurance specialists who’ll coordinate with your carrier and provide support.

Help With ACA Requirements

Our group health insurance solutions can help you meet the often complex reporting requirements of the ACA, from helping to assess coverage adequacy to forms submission to updates on rule changes.

Enhance Your Health Benefits With Extended Plans and Services

Individual Health Insurance

If you’re not part of a group health policy or are about to lose your coverage, our licensed agents can help you choose an individual health policy that includes your dependents.

Affordable Group Health Plans for Your Employees

Group Health Insurance Administration FAQs

  • What Are Group Health Insurance Plans?

    What Are Group Health Insurance Plans?

    A group health insurance plan is an employee benefit plan established by a business for its employees, or an organization for its members (such as a union). The plan provides health insurance for participants directly or through insurance reimbursement.

  • How Many Employees Do You Need To Qualify for Group Health Insurance?

    How Many Employees Do You Need To Qualify for Group Health Insurance?

    At least two, including the owner; however this is subject to carrier requirements.

  • What Is Included in Group Health Care Benefits?

    What Is Included in Group Health Care Benefits?

    A group health insurance plan covers specific medical expenses for you and your participating employees. Group dental, vision plans, and other voluntary insurance are offered separately.

  • What Is the Difference Between Group Insurance and Individual Plans?

    What Is the Difference Between Group Insurance and Individual Plans?

    Group insurance plans cover groups of two or more people — which may include an employer, two or more employees, and their families. Individual insurance is a health plan that covers a single employee, with an option to add coverage for that employee's eligible family members. If the business consists only of a single consultant, freelancer, or sole proprietor, individual insurance may provide necessary medical coverage in a situation where group health coverage may not be available. Individual policies can also be tailored to the individual employee's needs, and employees can shop around for their ideal individual health insurance provider instead of using one chosen by their employer.

  • How Do I Choose the Right Group Health Insurance for Employees?

    How Do I Choose the Right Group Health Insurance for Employees?

    When choosing a group health insurance plan, value and cost are among the most important factors. While health insurance costs can be a major item on your benefits budget, this and other employee benefits can go a long way toward attracting and retaining a quality workforce. Do your research, compare multiple providers, and look for factors such as:

    • Insurance carrier options and plans offered by each
    • A range of insurance plan options that provides the best balance of coverage and affordability
    • Co-pay, prescription, hospitalization, and other additional options to the insurance plan (remember that the more coverage you choose, the higher the premium)
  • Why Is Group Health Insurance Cheaper Than Individual?

    Why Is Group Health Insurance Cheaper Than Individual?

    With an individual health insurance policy, a covered individual pays for 100% of their own premiums. On the other hand, employers and employees can share the costs of group health insurance, with employers covering some or all of the premium costs for a single employee and their dependents. The risk is also spread across a greater number of people for group health insurance policies. This can yield lower premiums.

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