Your Trusted Partner
Southern Plains Insurance Group
As an entrepreneur or small business owner, you’ve already got a lot on your plate. Shopping for group health insurance probably isn’t at the top of your to-do list. However, in today’s competitive job market, offering affordable health insurance with great coverage is critical for attracting and retaining top talent.
If you’ve ever looked into group health insurance for small business, you already know the options are endless. Or maybe you want to set up an employee benefit plan but you’re not sure where to start. Either way, we’re here to help you with:
- Health insurance
- Dental insurance
- Vision insurance
- Group life insurance
- Disability insurance
- Fully funded plans
- Level funded plans
- Self-funded plans
Get a Personalized Quote
Group Health Plans
that fit you
Fully Insured Plans
The most common form of group insurance. These plans are used by small and large groups alike. While there are many plans to choose from, the plans are pre-designed by the insurance carriers.
Level-Funded Plans
Level-funded plans allow groups the benefits of fully insured plans, but the initial premium is based on a risk assessment. This means that healthier groups have the opportunity for a lower premium.
Self-Funded Plans
These plans allow both the greatest plan design flexibility and insight into claims data. These plans are often used by large groups where the company pays the health claims. Often a Third-Party Administrator is used to process claims and perform other administrative tasks. Most groups also purchase stop loss coverage to mitigate risk.
Southern Plains Insurance Group will give your small business the individual attention it takes to help you find group health insurance that meets your company’s needs with access to all major carriers available in your location. Southern Plains has committed to offering the same level of care, strategic planning, and service to small groups as we do to large groups. Whether you have 2 employees or 200, you’ll get top-notch customer service and the information you need to make the best decision.
How Can a Group Health Insurance Broker
Help You?
Answer Your Questions
Working with an insurance broker means you won’t have to guess if your employees will have good health benefits — you’ll know. Why spend hours Googling your questions about group health plans when you can just ask an expert? If our experienced insurance brokers don’t have the answers you need, they’ll quickly track them down and then get back to you. And as the saying goes, you don’t know what you don’t know. Southern Plains Insurance Group’s brokers have in-depth industry knowledge about questions you may not think to ask.
Shop & Compare Plans
An insurance broker shops around and compares rates and options so you don’t have to. Let’s face it: there are a seemingly endless number of group health insurance plans out there. Even if you had time to hunt down plans and quotes from all of the different insurance carriers, how would you decide which is the best fit for you and your employees? Southern Plains Insurance Group will vet each carrier to ensure they have a plan that fits your budget and works as you need it to.
Simplify the Process
Insurance brokers make group health plan setup faster and easier for business owners and HR managers. Southern Plains Insurance Group can get your employee health insurance plan up and running with less hassle. Insurance providers require a mountain of data to get group health plans set up and we know this can be challenging for businesses with a small admin team. Our solution? We use advanced software that allows us to set up your group health plan with a two-week processing time.
And the best part?
There’s no additional cost to you for working with a group health insurance broker.
What Can
Southern Plains Insurance Group
do for You?
Smoother Employee Transitions
Whether it’s due to retirement, layoffs or aging into Medicare, we offer advice to make it easier for employees to get the health insurance information they need when transitioning from full-time employment.
COBRA
Not sure what to do when a former employee becomes eligible for COBRA? Just send them to us and we’ll get them set up.
ACA/Marketplace Plans for Individuals and Families
Navigating the exchange can be confusing. We can answer any questions that come up.
Private Health Insurance Plans for Individuals and Families
We’ll go over all the available options.
Medicare, Medicare Supplements and Medicare Advantage Plans
Have your employees call us when they age into Medicare. We’ll give them clear information and make sure they get the coverage they need.
How We Make It Easy to Choose a Group Health Plan
Get unbiased information. The licensed health insurance agents at Southern Plains Insurance Group aren’t affiliated with a specific insurance company. Rather than promoting one group health plan over another, we shop around and compare rates and options to find the one with the best prices and coverage for you and your employees.
It’s totally free to work with an insurance broker. You can work with Southern Plains Insurance Group to shop for a small business health insurance quote without any cost or obligation.
We do more than research the best plans and coverage. If you do purchase small business group health insurance through us, we’ll help get the paperwork completed quickly and answer your questions about things like billing and coverage.
Group Health Insurance for Small Businesses (1-50 FT & FTE)
Are Small Business Owners Required to Provide Health Insurance to Their Employees?
The Affordable Care Act (ACA) defines a small business as one with less than 50 full-time and/or full-time equivalent (FTE) employees. These companies are not required to offer group health insurance to their employees.
However, employers with 50+ full-time or full-time equivalent employees are required to offer affordable group health insurance. The policies must include essential benefits to avoid paying a penalty.
Should You Offer Group Health Insurance if You Don’t Have to?
Deciding what to offer in your employee benefits program is a big decision. If you’re considering offering health insurance, Southern Plains Insurance Group will present you with affordable options that have the coverage your employees need.
Group Plans for Businesses with 50 or More Full-Time and FTE Employees
Southern Plains Insurance Group can simplify your benefits administration. Save your HR manager time and hassle by letting us do the research and compare group health plans.
We work with a variety of carriers that have different underwriting requirements, so we can help you find the best employee benefit insurance.