What is the small group Special Enrollment Period?

The Small Group Special Enrollment Period (SEP) is a limited-time opportunity that can transform the way small employer groups provide health coverage. From November 15 to December 15, small employer groups have the chance to enroll in coverage for January 1, without the usual eligibility constraints. It’s crucial for small employer groups to act promptly to secure the benefits.

Here's what you need to know:

During this exclusive one-month SEP, small groups enjoy the unique advantage of bypassing minimum participation requirements. This means that employers only need one employee to enroll to establish a small group health plan.

One significant advantage of the Small Group SEP is the flexibility it offers to employers. They can set up a health plan without contributing to their employees' premiums, providing a cost-effective solution for small businesses.

Small employer groups offering group health insurance provide their employees with a valuable benefit. Employees can use pre-tax payroll deductions to pay for their premiums. It's important to acknowledge that the decision to not contribute to premiums may prompt some employees to explore alternative coverage options. This awareness helps employers with making informed choices.

The deadline to enroll small employer groups under this SEP is December 15 for coverage to start on January 1.

For any questions or assistance, do not hesitate to contact our Sales Support Team at 781-228-2122 or at sales@hsainsurance.com.