Kibbe Insurance Agency
Group plans Q&A
How many employees do I need to have a group?
At least 2, most companies have certain participation requirements as well.
Do I have to offer insurance to my employees?
There is no requirement for a small employer to offer health insurance to its employees (under 50 full time equivalent). Large employers are not required, but will have to pay a tax penalty if they do not offer a plan.
Can I offer more than one plan to my employees?
Most insurance companies will allow you to offer more than one plan to your employees, some offer 2-3 options.
What is an ICHRA?
Individual Coverage Health Reimbursement Arrangement
ICHRA's allow employers to offer a monthly allowance so employees can choose their own individual health insurance plan.
Still have questions? We can help. Our contact info is at the bottom of this page.