A group health insurance plan provides medical coverage to a group of employees. Offering one can attract and retain talent while promoting employee well-being.

Small businesses can choose from options like Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), and High Deductible Health Plans (HDHPs) with Health Savings Accounts (HSAs).

Costs vary based on factors like plan type, the number of employees, and location. Employers may choose to cover all, part, or none of the premiums.

The Affordable Care Act (ACA) mandates that employers with 50 or more full-time employees must offer health insurance. Smaller businesses are generally not required to provide coverage, but there may be state-specific requirements.