Small Business Health Insurance in NYC


At Margolis & Associates, we work to help our clients get the competitive group health insurance plans they need in New York City. You need to provide quality health insurance for your team, and we can help you do that affordably. For many small business owners, finding quality insurance that costs less can seem like a challenge. Our goal is to ensure you have access to the policies that fit your employees’ needs.

If you are a small business in NYC that needs group health insurance, contact Margolis & Associates now. Let us be the broker you rely on for the best coverage possible.

What’s Your Health Benefits & Management Strategy?

Insurance Strategy for Attorneys / Lawyers, Accountants / CPA’s, Dentists, Veterinarians, Architects . . . As your true…

Why Do I Need Travel Medical Insurance?

An enjoyable vacation or extended business trip outside of the country can quickly turn into a devastating financial or…

Why As An Employer You Should Consider Group Plans

Selecting a medical group plan for your team may be one of the most beneficial business moves you make. There are a wealth…

5 Factors That go Into Medical Insurance

While searching for the best medical insurance plans, you may be feeling a bit overwhelmed by the confusing terminology,…

How To Read Your Coverage Benefits

You’re not alone if confusing health insurance terminology is making your head spin. Fortunately, health insurance coverage…

Health Insurance 101: Tips for a First-Time Buyer

Feeling overwhelmed by the exhaustive list of healthcare plans and providers all promising the best healthcare coverage?…

We are here to answer your call about our cost-effective benefits packages

How much could you save ?

Interact With Us

Types of Health Insurance Options Available to Small Businesses

Every business needs plans that fit their budget but also meet their employee’s needs. When you choose to work with us for small business health insurance in NYC, you have a wide range of options to select from, including those that offer competitive rates, exceptional coverage, and features your employees appreciate. Take a look at some of the best options that our broker can help you to choose from for your employees.


A Health Maintenance Organization (HMO) is a type of health insurance network that includes local doctors, hospitals, and other medical providers. These providers all agree to accept the payment from the insurance provider when providing care for a policyholder at a lower rate than they would charge others. This method helps to keep costs in line with expectations.

This type of plan requires policyholders to have a referral from their primary care provider – who is in network – to get the care they need from specialists. It also does not cover your out-of-network care. That means your employees need to choose their medical care from the providers within the network.


Point of Service (POS) policies are a bit different. They are like an HMO in that they provide in-network care. However, they also allow a policyholder to receive care out-of-network in some situations. Access to a POS plan is gated, meaning that the policyholder must choose a primary care physician who acts as the patient’s point of service.


Preferred Provider Organization (PPO) is another type of network of providers. In a PPO, there is a network of doctors and providers who accept payment from the insurance company at a specific rate for any covered policyholders. The policyholder, in this type of plan, can choose to get treatment from outside of the network of providers. This means that a patient can elect to see any doctor they would like to and receive care from any hospital.

That out-of-network care may be covered, but it is likely to cost more than care within the network. Another difference between a PPO and an HMO is that a PPO does not require patients to choose a single primary care physician. That means, too, that when you need specialist care, your primary care physician does not have to approve access to that provider.

Consumer Directed

Consumer-directed health plans (CDHP) have specific eligibility requirements and several other factors that make them different from the standard types of network plans. The cost of care is less when you choose a doctor within the network for care than when choosing an out-of-network provider.

If you choose to offer a consumer-directed health plan to your employees, they gain more access and control over their healthcare choices. They also tend to be cost-effective options that may have lower costs and reduced healthcare spending benefits. Also note that they tend to include pre-tax health funds, which can lower taxes.

How To Choose the Right Health Insurance Plan for Your Business

When you need small business health insurance in NYC that meets your employees’ needs, let the team at Margolis & Associates help you choose from the wide range of plans available. Our goal is to help you find the best plan for the type of coverage your employees need and want but also a policy that fits your goals financially.

There are numerous factors to consider when choosing group health insurance for your small business in New York City. Some factors to keep in mind include the following:

  • Determine employee needs: Depending on the number of employees you have, you may or may not want to discuss the desires of those employees. The key here is to understand what an employee’s needs may be without violating their right to privacy. You may wish to ask employees about their health-related habits as well as if they feel that current health insurance plans meet their needs.
  • Work with a broker to determine the right type of policy: With numerous types of health insurance policies available, organizations should carefully choose what works for their individual needs based on budget and cost, but also on the flexibility they wish to have when providing their employees with coverage. Do you want them to have more flexibility in medical provider decisions?


small business health insurance nyc
  • Compare coverage options: Work with a broker for small business health insurance to determine what coverage options are available in your area. Having a wide range of choices to compare allows you to consider things like cost, network coverage, and overall services and features important to your employees.
  • Determine coverage costs: With an idea of what type of coverage you desire and the overall features you want to offer, you can begin to compare costs in plans. Your broker can provide you with quotes from several insurance providers to help you choose the best policy for your needs. Lower costs are not always the only factor to think about when choosing coverage.
  • Look at total costs to you and your employees: It is also important to consider the out-of-pocket costs your employees will pay as well as the insurance coverage cost you will pay as the employer. Premiums are the main cost of insurance, but most policies will have deductibles, copayments, and coinsurance requirements as well.
  • Learn about the policy and providers: Before you decide on a plan, make sure you consider the administration of the plan, the company behind it, and their financial health. You also want to be sure the insurance company is a reliable provider and has a good reputation for providing quality coverage.

For the best health insurance for small business owners in NYC, turn to our team. Let us provide you with quotes so you can compare quality coverage from numerous providers without risk or delays.

How Much Does Small Business Health Insurance Cost?

The cost of small business health insurance in NYC is dependent on many factors, including:

  • The type of policy you select (HMO, PPO, POS, or Consumer Directed)
  • The type of coverage provided, including added features like vision and dental
  • Discounts and savings options your broker may be able to provide to you
  • Where you are located and the cost of health care in your area
  • The number of employees you have and the type of coverage you plan to provide to some or all of them

When it comes to employee health insurance in NYC, there is no specific price to expect. Instead, contact our broker, request a quote, and then compare several policies to determine which can offer you the coverage you need at the best possible price.

best health insurance for small business in nyc

Why You Should Work With an Insurance Broker

You want the best health insurance for your small business employees. To get it, you need to compare a multitude of insurance policies and features, learn as much as you can about each provider, and then compare features and costs. That is a lot of work, but with the help of a broker, you can easily navigate your options without all of that frustration.

A broker like our professionals at Margolis & Associates handles the entire process with you, including:

  • Helping you compare the types of health insurance best for your employees
  • Determining which policies and plans are best suited for your company and your employee needs
  • Supporting you in educating your employees about your options and the coverage plans
  • Breaking down costs and comparing overall costs to you and employees so you know exactly what to expect
  • Providing you with insight into each of the providers and their overall financial health

With the help of our team at Margolis & Associates, you can find the top-quality small business health insurance NYC employees need and appreciate. That means you get to provide the best coverage to your employees and they appreciate that.

Contact a broker with our team at Margolis & Associates now to discuss the health insurance options that are available to you. It takes only a few minutes to speak to our team and get quotes for the policies that could be right for your business and your employees. Contact us now to learn more about the services we can offer to you.