What Classifies as a “Small Group”?
While the definition of a small group plan can vary slightly depending on the state you live in, small groups essentially cater to any business with 50 or fewer full-time employees. States like California, Colorado, New York and Vermont are exceptions, allowing teams of 100 or fewer to also have this type of coverage. So consider your state’s requirements carefully when determining whether this type of insurance plan is right for your needs.