Small Business

When Can I Apply for Small Business Health Insurance?

Updated on November 20, 2019


Updated November 20, 2019

When can you apply for small business health insurance?

Here are four steps you should know when applying for small business health insurance:

  • You can apply at any time of the year
  • You need to qualify as a small business
  • You need to contribute toward employee premiums
  • And a minimum number of your employees must enroll

Let’s look at each of these steps in more detail:

1. When to apply

First, unlike individually-purchased health insurance plans, small business health insurance plans can be purchased at any time of year by qualifying small business owners.

You may face a change in your premiums or benefits once per year. It’s a good idea to shop around when that happens. But if you’re unhappy with your coverage, you can look at new options any time of year.

2. Qualify as a small business

Second, you generally need to have at least one full-time employee on payroll in order to qualify for coverage.

If you want a group health insurance plan but you’re the only full employee of your company, you may still qualify in some cases if you’ve paid 1099 contractors within the past year. The qualification details will vary based on your specific situation, the state, and the insurance company.

A licensed agent can help you understand if you qualify.

3. Employee premiums

Third, you should know that you will need to pay at least fifty percent of the monthly premiums for your employees. This percentage can vary by state or plan.

You’re generally not required to contribute toward premiums for their dependents.

4. Minimum number of employees

Finally, in order to qualify for small business health insurance, typically at least fifty percent of your eligible employees will need to enroll in the plan, unless they already have acceptable coverage from another source.

To learn more about your small business health insurance options today, visit

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