{"id":7781,"date":"2021-10-20T10:44:03","date_gmt":"2021-10-20T14:44:03","guid":{"rendered":"https:\/\/peakinsuranceadvisors.com\/?p=7781"},"modified":"2021-10-20T10:48:06","modified_gmt":"2021-10-20T14:48:06","slug":"ny-small-group-health-insurance-2022-federal-open-enrollment-period","status":"publish","type":"post","link":"https:\/\/peakinsuranceadvisors.com\/ny-small-group-health-insurance-2022-federal-open-enrollment-period\/","title":{"rendered":"NY Small Group Health Insurance Federal Open Enrollment Period runs November 15 \u2013 December 15 for January 1 effective dates."},"content":{"rendered":"

NY Small Group Health Insurance 2022 Federal Open Enrollment Period runs November 15 \u2013 December 15 for January 1 effective dates.<\/h1>\n

If you are looking for NY small group health insurance, then you might be happy to hear that you can enroll during the yearly Federal Open Enrollment Period (FOE) for small businesses between November 15 and December 15 for January 1 effective dates.<\/p>\n

What is the Federal Open Enrollment Period?<\/h3>\n

Normally, you need 60 – 75% of your employees to opt into a group health insurance plan, but during the FOE period that requirement is waived, and you can sign up even if only one person is insured.<\/p>\n

Why is the 2022 Federal Open Enrollment Period for small businesses important to you?<\/h3>\n

When you stay within the small business FOE window, you will not be required to meet the normal participation requirements for small groups. This means you can have a group of 20 employees with only 1 employee enrolling. This is good news for businesses that otherwise want to offer coverage to their employees but would otherwise not be eligible because of participation requirements.<\/p>\n

Is small business health insurance more affordable than individual health insurance?<\/h3>\n

Small business health insurance can be a more affordable option for both employers and employees. According to the eHealth Small Business Health Insurance Report<\/em>, small business health plans have lower average costs per-person compared to individual market coverage:<\/p>\n