Group Health Insurance

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Invest in Your Team With a Group Health Insurance Plan

Group health insurance is a powerful and effective way to show you care for your staff. In today’s job market, attracting and retaining top talent is important. So, companies offer extra incentives to better entice and keep their hard-working people. Currently, the most popular benefit companies offer is a group health insurance plan. A good plan can also foster a positive workplace, boost morale and help reduce turnover. All while proving your employee’s health and well-being is a concern of the company they work for.

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What Is Group Health Insurance?

Health insurance helps to provide protection from the financial burden of medical expenses. This includes doctor visits, hospital stays, prescription drugs and other related medical costs. Group health insurance plans sometimes come with additional employee benefits. For example, vision and dental coverage are popular for added peace of mind.

Group health insurance covers multiple people, usually company employees or organization members. It is typically purchased by the business employer or the organization. The individuals covered can usually choose from a range of plans offered to suit their needs.

Health insurance plan doctor

Why Group Health Insurance Makes a Difference

Below are some of the advantages of a group health insurance plan for both company and employee:

Company Advantages

  • Attracting & retaining talent

    Health benefits are a major perk for potential hires, making your company really stand out.

  • Increase productivity

    Employees in good health usually take fewer sickdays and are more focused on their work and safety.

  • Tax advantages

    Group health premiums are typically tax-deductible for businesses, adding to your bottom line.

Employee Advantages

  • Builds morale

    Healthy employees are happier in general which makes for a positive work environment.

  • Adds stability

    Employees who feel they are taken care of are less likely to seek employment elsewhere.

  • More benefits

    Group plans often offer more benefits than individual plans which can make a big difference.


Group Health Insurance Plan Options

Demonstrate your commitment to employee well-being with a range of options for health insurance coverage:

HMO (Health Maintenance Organization)

HMO plans usually require choosing a primary care physician within the network for most covered services. They often have lower premiums than PPO plans but may limit the choice of specialists.

PPO (Preferred Provider Network)

PPO plans offer more flexibility in choosing providers, allowing in-network doctors at a lower cost or an out-of-network provider for a higher cost. They typically have higher premiums than HMO plans.

HDHP (High-Deductible Health Plans)

HDHP plans paired with a HSA (Health Savings Account) can offer tax-advantaged savings towards medical expenses.


Cost of Group Health Insurance

The overall cost of a group health insurance plan depends on several factors including:

  1. Company size and industry

    Larger companies and those in lower-risk industries may have lower premiums.

  2. Employee demographics

    The age and health status of your employees can affect the overall plan cost.

  3. Plan design

    Deductibles, copays and covered services all influence the premium amount.

Other Things to Consider

Here are some other considerations when choosing a group health insurance plan:

  1. Employee needs

    Give thought to the demographics and healthcare needs of your employees.

  2. Benefits

    Compare coverage for preventive care, prescriptions and other important services.

  3. Network of providers

    Make sure the plan offers access to quality healthcare providers in your area.


Additional Employee Benefits

Many organizations offer their employees Group Supplemental Benefits in addition to health insurance. This can include a range of supplemental or voluntary programs and services. They add to and may help pay for health expenses not covered by medical insurance alone. With these programs, you can round out a well-designed and comprehensive benefits package. This shows you care about the well-being of your staff… Not just while they’re in the office but outside the office too.

  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Hospitalization
  • Critical Illness
  • Cancer
  • And more…

Customized Solutions

Every business is different and so are its health coverage needs. Choosing a group health insurance plan can feel overwhelming. That’s where Caton-Hosey Insurance comes in. We’ll work with you to understand your company’s unique needs and budget. Here’s what you can expect:

Free Consultation

We’ll discuss your company’s size, employee demographics and desired coverage levels.

Plan Comparisons

We’ll present clear, side-by-side comparisons of different plans and available coverage options.

Cost Transparency

We’ll compare quotes from top carriers to find a plan for your unique needs, with no hidden fees.

Ongoing Support

We’ll handle enrollment, answer employee questions and help with plan administration.


You Built It. We Can Help Protect It.

Caton-Hosey Insurance is proud to be a leader in service and support. We have over 75 years experience helping businesses like yours offer health coverage for their employees. Give us a call to learn more about small business health insurance or large company health insurance. We have access to various markets with leading insurance carriers, so we are able to tailor a plan to work with your group, whether a small family business or a large company with employees in many states. We can also help with supplemental insurance, retirement and more.

Group Health Insurance agents

We understand that navigating the world of group health insurance can be complex. But don’t worry – we’re here to guide you every step of the way. Investing in your employees’ health is an investment in the future of your business. Request a free consultation today. Together, we can find a group health insurance plan that empowers your team and keeps them thriving.

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3731 South Nova Road
Port Orange, FL 32129


FAQs on Group Health Insurance

Got questions? We’ve got answers. Here are some of the most common questions on Group Health Insurance:

The cost of group health insurance depends on several factors. This includes company size, location, employee demographics (age, health status, etc.), and the plan you choose.

Yes, to a certain extent. You can choose from various plans with different coverage levels and network options. You can also decide how much your company will contribute towards the premium cost.

Yes, group health insurance premiums paid by employers are typically tax-deductible as a business expense.

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