Many small business owners in California want to offer health insurance but aren’t sure where to start. Whether you have one employee or twenty, providing medical coverage can help you attract and keep good workers—and it may be more affordable than you think.
Small businesses in California can apply for health insurance at any time—there’s no need to wait for open enrollment. There are many different programs available, like CalChoice, Covered California for Small Business, and direct options from insurance carriers. These programs are designed to fit the needs of you and your employees.
Do I Have to Offer Health Insurance to Employees?
If you have fewer than 50 full-time employees, you are not required by law to offer health insurance. But many small employers choose to offer it anyway to support their team and stay competitive. Even offering coverage to just yourself and one employee qualifies you for a group plan.
How Much Does Small Business Health Insurance Cost?
The cost depends on the plan, how many people you cover, and your location. In California, small business health plans offer the same essential benefits as individual plans. You can choose from Bronze, Silver, Gold, or Platinum levels based on your budget and coverage needs.
Can I Get Help Paying for a Group Plan?
Yes. If your business has fewer than 25 full-time employees and pays at least half of the premium, you may qualify for a federal tax credit. This can make offering insurance much more affordable. A licensed agent can help you figure out if you qualify.
What If My Employees Don’t Want Coverage?
That’s okay. You can still offer a plan, and employees can choose whether or not to enroll. Some might already have coverage through a spouse or Medi-Cal. As long as one full-time employee who is not the business owner enrolls, you can start a group plan.
What’s the First Step to Getting a Plan?
Start by speaking with a licensed health insurance agent. They can help you compare plans, check if you qualify for tax credits, and make sure you’re following all the rules. There’s no extra cost to use an agent, and they’ll make the process much easier.
Ready to Get Started?
If you’re thinking about offering medical insurance for your small business, I can help. I’ll walk you through your options, answer your questions, and help you find a plan that works for you and your team. Reach out today and let’s make it simple.
