Article provided by: Honor Insurance Agency LLC
How does small business health insurance work? There are several things that all small business owners need to know about small business health insurance in Fort Worth. If you have any questions about small business health insurance or insurance plans from Honor Insurance, please be sure to give us a call or send us an email. If we miss you, one of our agents will contact you within one business day. We appreciate your interest.
Small Business Health Insurance Doesn’t Have to Be Complicated if You Grasp a Few Basic Truths
Here are a few basic truths that can give you a more comprehensive understanding of how small business health insurance works in Dallas/Fort Worth.
1) You may not be declined over a pre-existing health condition.
2) Your small business must have no less than one employee for you to qualify for small business health insurance.
3) By law, you must share a portion of your employee’s premiums.
4) Be advised that you can apply for or change coverage at any time of the year.
Let’s look at each of these basic truths in more detail.
One of the great parts about small business health insurance plans is that coverage will never be denied as long as you qualify for it. This means that regardless of yours, your employees, and their dependents’ current health situation, your coverage is guaranteed to you. You employees will surely appreciate that they and their eligible dependents are allowed to enroll your small business health insurance plan, even if they have a pre-existing condition.
To qualify for small business health insurance in Fort Worth, you must employ no less than one payroll employee. If your business moves to another state or if you change providers, be aware that rules can change depending on the state and the insurer. Speak to one of our licensed agents to find out if you qualify for coverage in DFW.
This is going to hurt a bit, but you will have to pay no less than half of your employees’ premiums each month. Like with the one employee rule, this percentage can vary depending on which state and which provider you’re in/with. However, this is standard for Honor Insurance and the DFW area. You also have the flexibility to share the premiums for dependents, but this is optional.
You will also have the flexibility to shop for health insurance year-round. Fortunately, there are no open enrollment periods for small business health insurance coverage. With Honor Insurance, we lock in your premium for a year once you purchase your plan. As the year progresses, you will have the freedom to add any new employees and dependents and drop coverage for old employees.
Contact a Licensed Insurance Agent at Honor Insurance
To learn more about small business health insurance in Fort Worth, contact a licensed agent at Honor Insurance today. Also, be sure to visit us for the latest news and information regarding small business health insurance in Fort Worth and Texas. Our agents are among the most experienced in Texas, and we pride ourselves in saving our clients money and exceeding their expectations. Let us help you find a plan for your small business.