Small Group Plans
BenZen Insurance is an independent agency specializing in benefits solutions to small businesses with 2-20 employees and up to 50 full-time workers.
- SHOP Marketplace Plans
- Fully-Insured Health Plans
- Level-Funded Health Plans
- Health Reimbursement Arrangements (ICHRA, QSEHRA)
We’re licensed with major carriers to offer top-rated plans with free dedicated support for your peace of mind.
That’s BenZen.
Licensed in FL, GA, MD, NC, NJ, PA, SC, TN, TX, VA
Looking for Individual & Family Plans? >>
We Make It Easy.
If you thought your group was too small, contact us for an estimate or book a free phone call to learn more!
- Health Insurance
- Dental & Vision
- Life Insurance
- Disability Insurance
- Supplemental Insurance
At BenZen, our team does the heavy lifting so you can get back to business.
- Digital Enrollment & Renewals
- Employee Consultations
- Benefits Administration
- HR Assistance & Compliance
Small Group Health Plans
Having health insurance from top-rated providers doesn’t just protect your business, it also helps make sure you have a strong, healthy, and productive team.
SHOP Marketplace Plans (On-Exchange)
- ACA Health Insurance Exchange
- Fully-Insured, “Traditional” Health Plans
- Small Business Healthcare Tax Credit
- Health, Dental & Vision
Fully-Insured vs. Level-Funded Plans
We know choosing the right health plan for your business can be complex.
We’re here to help you navigate fully-insured and level-funded health plan options, and select the benefits solution that best aligns with your company.
Fully-Insured Health Plans
Think of fully-insured plans as “traditional” health insurance where your business pays a fixed monthly premium to an insurance carrier.
The carrier assumes the financial risk of your employees’ healthcare costs. This has been the most common arrangement but can also be the most expensive option.
- Traditional group health insurance
- Broader provider network options
- Health, Dental, Vision, Life & Disability
Level-Funded Health Plans
Level-funded plans are increasingly popular and offer a hybrid approach to traditional plans where you share some of the risks which lowers costs.
Your business pays a fixed monthly amount to cover claims up to a limit. A separate liability policy protects you and the plan from any major events.
If your claims are lower than expected, you could receive a portion of that surplus at the end of the year.
This option can offer cost savings potential while providing more control and a return on the good health of your team.
- Predictable monthly premiums
- Stop-loss limits exposure & liability
- Potential for rebates based on annual claims
- Generally less expensive than fully-insured plans
Maryland Small Business Health Insurance
If you are a business owner in Maryland with 2 or more employees start by visiting Maryland Health Connection to learn about SHOP.
SHOP plans are Affordable Care Act compliant and fully-insured.
Maryland Health Connection for Small Business >>
Get a quote for your business and find a licensed health insurance broker to assist at no additional cost.
Level-Funded Health Plans
If you’re looking to manage your Maryland small business health costs more effectively, level-funded plans are worth considering.
They combine the advantages of fully-insured plans with the potential for cost savings through a self-funding approach.
Contact us to learn about the flexibility and immediate savings you can get from level-funded plans.
Virginia Small Business Health Insurance
If you’re looking for small business health insurance in Virginia start by visiting Virginia’s Insurance Marketplace to learn about SHOP.
SHOP provides small business employers with 2 or more employees access to ACA Marketplace health plans.
Plans are fully-insured, catering to the diverse health needs of your employees.
If any employee has a pre-existing condition a fully-insured plan may be the best option.
SHOP plans make you eligible for the Small Business Health Care Tax Credit, which can cover up to 50% of your premium costs.
The downside is not all carriers participate in SHOP in Virginia which means limited coverage.
You can also find a licensed, certified broker to guide you through the process at no additional cost.
Visit: Virginia’s Insurance Marketplace for Small Business >>
Level-Funded Health Plans
Take control of your Virginia small business healthcare costs with level-funded plans.
These plans blend the best of fully-insured options with the potential cost savings of self-funding, offering a unique hybrid approach.
For small businesses with a predominantly healthy workforce, level-funded plans can provide optimal cost efficiency, though they do require a review of medical history by the carrier for accurate quoting.
Contact us to explore our level-funded options from:
- Aetna
- Anthem
- UnitedHealthcare
Health Reimbursement Arrangement (HRA)
HRAs (Health Reimbursement Arrangement), or Health Reimbursement Account) are tax-free accounts that small employers can use to help employees pay for medical expenses.
The two main HRAs we work with:
- QSEHRA: Budget-friendly option for businesses under 50 employees with no group plan. Contributions have IRS limits. Employees need individual health insurance or Medicare.
- ICHRA: More flexible option for businesses of any size, even with a group plan. No contribution limits, but more administrative work. Employees need individual health insurance or Medicare.
Most employers use a Third-Party Administrator (TPA) to handle administrative tasks like account setup, claim processing, and ensuring compliance with IRS regulations.
With a TPA managing the HRA, your employees can then enroll in a Qualified Health Plan through a Special Enrollment Period.
From plan design to onboarding and enrollment, our team will help you save time & money.
Plus get any setup fees waived!
Small Group Dental
Dental insurance can help make your employees happier and healthier.
Because this affordable benefit can have a surprisingly strong return on investment, it’s also a huge advantage for small businesses.
We have access to some of the best group dental plans from:
- Delta Dental
- Aetna
- Met Life
- UnitedHealthcare and more!
By offering voluntary benefits your employees want and need you’ll stand out from the competition, and create a happy, healthy work environment.
Small Group Vision
Get a vision plan designed for health, and tailored to meet the coverage, network, and budget needs of your diverse workforce. As an independent broker, we have access to top-rated vision plans from:
- Aetna
- Met Life
- UnitedHealthcare
- VSP Vision and more!
BenZen helps you design a plan for your unique employees, at a price that fits your budget.
Supplemental
It’s not always about the money! That should be good news if you’re running a small business.
Supplemental insurance is a simple and cost-effective voluntary benefit you can add to your existing package with little to no direct costs to your company.
- Accident Insurance
- Cancer Insurance
- Hospital Insurance
- Critical Illness Insurance
- Disability Income Insurance
- Group Life Insurance (Term & Whole)
Supplemental plans cover the gaps left with health insurance and help recover out-of-pocket expenses like deductibles, copays, and coinsurance.
With a streamlined online process, supplemental insurance can be integrated into your current benefits any time of year.
How Does Supplemental Insurance Work?
While traditional health insurance covers medical expenses with payments to healthcare providers, most supplemental plans provide lump sum benefits directly to your employees.
Benefits from supplemental plans can be used for anything like deductibles & medical expenses or household bills such as rent, mortgage & child care.
Thanks to you, employees get access to plans and rates only available to small groups.
Contact Us
As an independent agency, we help individuals, families & small businesses get affordable health benefits in:
FL, GA, MD, NC, NJ, PA, SC, TN, TX, VA
Your privacy is our priority. We don’t share personal information or collect any payments, ensuring a safe and secure experience.
Get BenZen! Get Peace of Mind.
