Health Insurance Alert for Smaller Employers

10.21.2015
Small Business

The state law passed in 2015 expanding the definition of small employer from 50 or fewer employees to 100 or fewer employees for purposes of purchasing health coverage has been postponed.

Consequently, a small employer in Connecticut continues to be defined as an employer with 50 or fewer employees.

Important Reminder: Count Your Full-Time Equivalents (FTEs)

You must count your full-time equivalents (a combination of full-time and part-time workers) to determine whether you are a small or large employer for purposes of purchasing health coverage.

Why This Matters

Designation of your company as a small or large employer will impact the type of benefits you must offer, how your company will be analyzed for insurance purposes, and how much you will pay in premiums.

Questions?

 

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