6 Best Small Business Health Insurance Providers of 2019
Published on June 18, 2019
Best Small Business Health Insurance Providers of 2019
One of the advantages of shopping for group plans though eHealth is the great selection of options available to you. eHealth helps you choose group plans from the top small business health insurance providers in your area, allowing you to compare free quotes from multiple health insurance companies all in one place to find the best value plan for your business.
For small businesses with between 2 and 50 employees, eHealth provides the largest private online marketplace for group health insurance plans, providing you with access to options from the best health insurance providers out there.
eHealth carries group plans from all of the following top health insurance providers, as well as other leading health insurance companies. Continue reading to learn more about 6 small business health insurance providers of 2019 offered at eHealth.
Blue Cross Blue Shield (BCBS) could easily be considered one of the top health insurance providers due to the scale of its nationwide network, which consists of 36 independent, locally operated health insurance companies that cover millions of people in every ZIP code and all 50 U.S. states.
Blue Cross Blue Shield is a popular health insurance provider among many small business owners for a variety of reasons.
- National coverage – BCBS shield companies insure 106 million health plan members, and one in three Americans.
- Relied on by small employers – Blue Cross Blue Shield companies insure 7.3 million employees of small businesses.
- Popularity of plans – BCBS offers the BlueCard® PPO, which is one of the nation’s leading PPO networks, and partners with 96 percent of U.S. hospitals and 95 percent of U.S. physicians.
Overall, Blue Cross Blue Shield provides small business owners and employees with access to a wide network of doctors and hospitals across the country.
As the largest of the nation’s health insurance providers, UnitedHealthcare (UHC) serves all 50 U.S. states and provides coverage to millions of people. UnitedHealthcare’s services stand out in several ways that are relevant to the needs of small business owners and employees.
- UnitedHealthcare’s network includes over 895,000 physicians, health care professionals, and 5,600 hospitals.
- UnitedHealth invests about $3.5 billion annually in technology and innovation.
- Most UHC plans include Virtual Visits, which allow members to consult with doctors through their computer, tablet, or mobile device.
Small business health insurance plan options offered by UnitedHealthCare include:
- UnitedHealthcare Choice – Includes fixed copayments and lower out-of-pocket costs for network care.
- UnitedHealthcare Choice Plus – Offers the same features as the Choice plan while additionally providing coverage for out-of-network physicians.
- UnitedHealthcare Options PPO – Includes the freedom to choose any doctor without referrals. Going to a network physician may result in cost savings, while an out-of-network physician may have higher costs.
The scale of UnitedHealthcare’s network, along with the UHC’s technology initiatives, make the company a strong choice for small business group plans among health insurance providers.
As one of the largest health insurance providers in the nation, Humana provides integrated medical coverage for over 16 million members. Headquartered in Louisville, Kentucky, Humana was also ranked #1 in Fortune’s “Social Responsibility” category.
Small business health insurance plan options offered through Humana include:
- Canopy Health Plan – For small businesses with between two to 50 employees, this straightforward plan features higher deductibles and copays for basic services.
- Simplicity Health Plan – This plan may be optimal for small businesses who prioritize low costs and want to know their health care costs up front.
- Copay Health Plan – As a more traditional health insurance plan, this plan may be a good fit for small businesses who want employee coverage for routine care and other covered services.
- High Deductible Health Plan – The HDHP could be a good option for generally healthy employees who receive annual preventative care and also need full medical coverage in case of a major health care event.
Humana offers health insurance plans designed with affordability and flexibility in mind for small businesses.
As the largest managed care organization in the United States, Kaiser Permanente offers health insurance in eight U.S. states and the District of Columbia. Kaiser Permanente has received awards and recognitions from J.D. Power for member satisfaction, and the California Healthcare Quality Report Card gave Kaiser Permanente four out of four stars for its Northern and Southern California regions.
Kaiser Permanente consists of the Kaiser Foundation Health Plan, Inc. (KFHP) as well as its regional operating subsidiaries; regional Permanente Medical Groups; and Kaiser Foundation Hospitals.
Kaiser Permanente offers a variety of small business health insurance plans, including:
- Traditional HMO plans
- Deductible HMO plans with lower premiums
- HRA and HSA-Qualified plans
- POS plans
- PPO plans
The advantage of choosing Kaiser Permanente is that the company provides affordable options for small businesses through the convenience of being part of a managed care organization.
Anthem is the largest for-profit managed health care company within the Blue Cross Blue Shield Association of 36 individual companies, serving 14 U.S. states and providing a variety of health plans to 40 million members.
Formed in 2004 through the merger of Anthem, Inc. and WellPoint Health Networks Inc. (which started in the 1940s), the company assumed the corporate name Anthem, Inc. in 2014.
As an industry leader among health insurance providers, Anthem offers a wide range of group plans for small businesses, including many which are HSA-compatible. In addition to large medical networks of physicians and specialists, Anthem provides the BlueCard® program for nationwide access to hospitals and doctors.
Founded in 1853, Aetna has been named on Fortune’s World’s Most Admired Companies list, and ranked No. 4 in the “Health Care: Insurance and Managed Care” category.
Aetna’s health care network includes:
- 2 million in-network health care professionals
- 690,000 primary care doctors and specialists
- 5,700 hospitals across the country
Aetna health insurance provides health coverage for approximately:
- 1 million medical members
- 7 million dental members
- 1 million pharmacy benefit management services members
Aetna can be a great choice among health insurance providers for a small business because of its nationwide network, quality specialists, and integrated health benefits solutions.
Shop for the best small business health insurance providers with eHealth
eHealth can help you find the right small business health insurance solution for your company. Our online marketplace allows you to compare plans from multiple health insurance providers to find affordable solutions customized for your small business.
It’s easy to get started with our no cost, no obligation quotes. By providing the zip code and number of employees for your business, you can shop for group plans available from top health insurance providers in your area. We can help you navigate the application and implementation process, and we’ll continue to act as your advocate and point of communication even after you’ve enrolled.
Visit eHealth.com or speak with one of our licensed health insurance agents today, and you can find which small business health insurance plans we offer in your area from these top health insurance providers. Keep in mind that this article is for general information of top health insurance providers in 2019, and all of the plans listed in this article may not be available on eHealth or in your area.