Utah group health insurance requires at least two full-time taxable members. The group usually consists of the employees of a business but also may be the members of a professional trade association or labor union. The provider usually writes one master contract to cover the entire group.

Utah group health insurance companies also can save money for a small business in other ways. A group health plan distributes the financial risk, usually resulting in greater coverage and lower premiums. Utah group health insurance plans also offer tax advantages because the employer contributions are usually tax deductible.

There are three key points that affect the premiums of Utah group health plans:

1. A health provider generally must be a member of the plan's preferred provider organization before treatment costs come out of the pocket of group insurance. Utah providers should have enough PPO members in your area to handle your employee’s medical needs.

2. The amount that the employee pays before a Utah group insurance company will cover the costs of treatment. A higher deductible usually means a lower premium.

3. The maximum amount that group health insurance in Utah will pay. This is known as the benefit cap or coverage limit.

Action Steps

The best contacts and resources to help you get it done

Tips & Tactics

Helpful advice for making the most of this Guide

• Offer a consumer-driven group health insurance plan for employees who want more control over their health care. This type of Utah group medical insurance usually offsets a low-cost, high-deductible plan with Health Reimbursement Accounts and Health Savings Accounts. This allows the member to manage medical expenditures more closely than with a traditional health care plan.