Small Group:

In Florida, if you have less than 50 employees underwriting is guaranteed. The insurance companies can not refuse you based on health conditions of your employees. They may charge .85-1.15 of the community rates. If you have less than 10 employees, the insurance companies may need for your employees to answer health questions. If you have more than 10 employees but less than 50- the employer can answer health questions to the best of their knowledge.

Medium Group:

These groups can sometime be the hardest to get the right premiums for. You do not get the guaranteed issue like small group, and it is hard to get claims data from your current carrier. It is definitely worth shopping the other insurance companies to see if they will want your business. By doing the shopping, it will let the current company know that you are serious in getting the best rate for you and your employees.

Large Group:

When you have over 100 employees, there are many things you should do as a company to keep your employees as healthy as possible. Your premiums are directly related to claims. It is worth shopping for insurance at renewal time because many things during the year could have affected your claims. Perhaps a high utilizer is no longer with you and no longer on COBRA. For every dollar you invest in preventative, you can expect $3 in return. Try one thing at a time like weight management or smoking cessation. Many times the insurance companies maybe willing to help you with their programs.

Group Insurance is classified 3 ways in the state of Florida: Small Group (1-50 employee), Medium (51-99) and Large Group (100+)