A group health plan is an employee benefit offered by an employer or employee group that provides health insurance to members of the group. Other types of groups that may collectively purchase insurance are unions, professional groups, and membership organizations.

As a general rule, a company must have at least 70% of their eligible employee participating in the company health plan with a minimum of 2 eligible people participating and one of those individuals must be a w-2 employee. The company must also contribute towards the employee’s monthly premium with either a set dollar amount of $100.00 per month or more or 50% of the employee’s premium.

Ancillary Benefits

Non-medical insurance products that enhance and fill in the gaps of medical insurance. Examples include: Dental, Life and Disability.