Attract and Retain Top Talent with Competitive Group Health Plans
Offering a quality health insurance plan is one of the most effective ways for Texas businesses to recruit, retain, and protect their employees.
At Galloway Insurance, we work closely with business owners across Marble Falls, Burnet, Horseshoe Bay, and throughout Central Texas to design affordable and comprehensive group health insurance solutions tailored to your team’s needs.
At Galloway Insurance, we work closely with business owners across Marble Falls, Burnet, Horseshoe Bay, and throughout Central Texas to design affordable and comprehensive group health insurance solutions tailored to your team’s needs.
What is Group Health Insurance?
Group health insurance provides medical coverage for employees and, often, their families under a single policy. Businesses typically share the premium costs with employees, helping reduce the overall cost of healthcare for everyone.
Group health plans often include:
- Medical insurance
- Prescription drug coverage
- Dental and vision coverage (optional)
- Mental health services
- Preventive care benefits
- Health Savings Accounts (HSA) options
A well-structured group health plan can greatly enhance employee satisfaction and productivity.
Who is Eligible for Group Health Insurance?
Eligibility guidelines generally include:
- Businesses with at least 2 full-time employees, including owners
- Employees working at least 30 hours per week
- Participation requirements (typically 70% of eligible employees must enroll unless they have other qualifying coverage)
Galloway Insurance can help guide you through carrier-specific requirements and find flexible options to fit your team’s size and budget.
Benefits of Offering Group Health Insurance
- Boosts employee morale, loyalty, and retention
- Helps attract top-tier candidates in a competitive job market
- Offers potential tax advantages for businesses
- Protects your workforce’s health and wellbeing
- Can be bundled with dental, vision, life, and disability insurance for greater value
Why Choose Galloway Insurance for Your Group Health Plan?
- Access to a wide network of top-rated insurance carriers
- Personalized plan designs to match your budget and team demographics
- Guidance on compliance with Texas and federal health insurance regulations
- Local service and support from experienced agents who care about your business
At Galloway Insurance, we’re committed to making group health insurance simple, affordable, and effective for your business.
Our Promise: Insight, Expertise and Relationsip
At Galloway Insurance, we believe in more than just selling policies —we’re here to build lasting partnerships with Texas business owners.
- Insight—We understand your needs.
- Expertise—We understand Insurance.
- Relationship—You will love doing business with us, we care.
- Here to Help—When you call, we answer… When you come by, we’re here.
- Community—We make significant investments in our community because of your choice to do business with us.
Frequently Asked Questions (FAQs)
Is it mandatory to offer group health insurance in Texas?
No, small businesses are not required by law to offer group health insurance unless they have 50 or more full-time equivalent employees under the Affordable Care Act (ACA).
How much does a business typically contribute toward premiums?
While not required, many employers contribute at least 50% of the employee-only premium, but contribution rates vary depending on the plan and company policy.
Can I offer health insurance if I only have a few employees?
Yes! Many carriers offer group plans for small businesses with as few as two full-time employees.
Can employees add dependents to the group plan?
Yes, most group health insurance plans allow employees to add spouses, children, or other dependents.
Are group health insurance premiums tax deductible?
In most cases, yes. Premiums paid by the employer for employee coverage are generally tax-deductible as a business expense.