A New Jersey group health insurance provider can issue a group policy for only a single eligible employee with one contract to cover the whole group.

New Jersey group health insurance providers offer advantages in addition to medical care. The employer contributions for group health insurance are almost always tax deductible and group health insurance providers in New Jersey also have lower premiums and greater coverage for a group health plan because the financial risk is distributed between all the members.

Three key points that affect the premiums of group health insurance in New Jersey are:

1. The health provider network. A group health insurance provider in New Jersey usually requires that a policy holder's health care provider be a member of a designated preferred provider organization before the treatment will be covered.

2. Policies with lower deductibles are more expensive. The deductible is the amount the employee pays before health insurance companies in New Jersey will pay for treatment.

3. Policies with a higher coverage limit will be more expensive. This is the maximum amount that New Jersey group health insurance providers pay for a given treatment.

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

Get a referral for a licensed New Jersey group insurance company

A referral can provide you with a quote and the agency's contact information without needing to speak to the agent until you are ready.

I recommend: Complete the group health insurance census form at Sunrise Retirement Solutions. This company provides a range of New Jersey group health insurance coverage plans.

Solicit quotes from New Jersey group insurance companies

Employees will generally prefer a group health plan over an individual insurance because the employer pays for a portion of the group insurance. Group medical insurance is also easier to qualify for because the health requirement is lower.

I recommend: Request a quote on group health insurance from Jennifer A. Schaefer. She is licensed to sell health insurance in many northeastern states, including New Jersey, and is also a consultant on employee benefits issues.

Get quotes directly from New Jersey mehttp://www.nj.gov/dobi/sehcos.htmdical insurance carriers

Go straight to the insurance carrier for plans for group health insurance in New Jersey if you have already chosen one, especially if you don't have a broker.

I recommend: The New Jersey government website includes contact information for all providers of New Jersey group health insurance.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Provide part-time employees a health care plan that is customized for their needs. New Jersey group insurance companies are usually best able to serve your employees with a less expensive plan that provides basic coverage for essential benefits and discounts on some services that are not covered outright. Flexible Spending Accounts are another method that a part-time employee can use to manage health care costs.
• •  Offer a consumer-driven group health insurance plan for employees who wish to be more engaged in their health care. This type of group health insurance in New Jersey usually offsets a low-cost, high-deductible plan with Health Reimbursement Accounts and Health Savings Accounts that allow a member to manage expenditures more closely than with a traditional health care plan.