What if I am located in NY, NJ, MA, RI, or ME?

The states of NY, NJ, MA, RI, and ME are the 5 remaining states where insurance carriers are still not allowed to offer personal policies at lower rates for healthy applicants. In these states the cost per person of a small employer group plan for your company may actually be less than the cost of personal policies.

In these states, you should carefully consider the potentially lower cost of offering a group plan vs the benefits to your employees of personal policies.

If you do choose a group plan, you should consider a much lower cost high deductible plan and use GroupHRA to customize benefits by class of employee below the annual deductible.