Businesses with at least two full-time taxable employees or other associations such as labor unions qualify for Kentucky group health insurance. The provider usually writes one master contract to cover the entire group.

Kentucky medical insurance carriers offer benefits for small businesses other than medical care for employees. Kentucky group insurance companies also offer tax advantages because the employer contributions are usually tax deductible. The financial risk is distributed between all of the members of the group, usually resulting in greater coverage and lower premiums for a group health plan.

There are three key points to consider when evaluating Kentucky group insurance companies:

1. The deductible. This is the amount the policy holder pays before group health insurance providers in Kentucky will begin to cover costs.

2. The coverage limit. This is the maximum amount that a Kentucky group health insurance provider will pay.

3. The health provider network. A Kentucky group insurance company will usually cover only those services that were provided by specified health care professionals. You will need to ensure that there are enough local providers in the network to cover the medical requirements of your group.

Action Steps
The best contacts and resources to help you get it done

Get referrals to Kentucky group health insurance providers

A referral provides you with a quote and the insurance agent's contact information without speaking to the insurer until you are ready.

I recommend: Complete the application form with Assurance Benefits & Consulting to receive a quote for a group policy on your business. This agency specializes in group insurance for small businesses.

Collect pricing information on various plans for group health insurance in Kentucky

Employees will prefer a group health plan over an individual health plan because the employer pays for a portion of the group health plan. Kentucky group health insurance coverage is also easier to qualify for because it has a lower requirement on the health of its policy holders.

I recommend: Contact the RHC Group for group health insurance in Kentucky. This insurer specialize in business insurance of all types and establish rates by geographical location within Kentucky.

Get insurance packages from group health insurance providers in Kentucky

Many agencies are able to provide group health insurance in conjunction with other types of group insurance.

I recommend: Provide your contact information to KMA Insurance for a call back on your insurance quote request. It has access to all of the major insurance carriers in Kentucky.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Provide your temporary and part-time employees a customized health care plan. Kentucky group health insurance providers can often offer these employees a less expensive plan that provides basic coverage for essential benefits in addition to discounts on some services that are not covered outright. A part-time employee can also use Flexible Spending Accounts to manage health care costs.