Louisiana Small Business Health Insurance

Small business owners in Louisiana can find, compare, apply for, and enroll in group health insurance plans through SimplyInsured. Pricing varies by state, but is only dependent on the ages of employees and their dependents. Having pre-existing conditions such as high blood pressure or diabetes no longer impacts the cost of insurance for a specific individual. In order to be eligible for small group health insurance, you must have two people in the company including owners, at least one of which is a W-2 employee. You can apply for group health insurance any time during the year - you do not need to wait for an open enrollment period. The application process can be done online through SimplyInsured and can be completed in minutes.

Small business insurance in Louisiana is pre-tax, which means the amount you spend on premiums is exempt from employer and employee taxes. This provides you a 30-40% tax benefit on the cost of insurance.

There are many plan options in Louisiana. To determine the best plan for you, assess your budget and the health needs of your employees. If employees expect to utilize more care and need flexibility in the providers they see, PPOs may be preferable. These plans have wider doctor and hospital networks, and you do not need a referral to see specialists. If employees will seldom require care and do not have specific preferences for providers, HMOs with higher deductibles may be preferable. Generally, PPOs have higher premiums than HMOs. If you expect pregnancies and surgeries, check the plan details to see the cost of hospital visits. If your employees take prescription drugs, check the cost of both generic and brand drugs at the pharmacy.

SimplyInsured offers more than a hundred plans from top carriers in Louisiana. As a top-producing broker, we have preferred status with several carriers, which ensures our clients' needs are met quickly and thoroughly. We take pride in our high customer satisfaction scores, and work to improve the customer experience everyday.

Below is more information about the health insurance market in Louisiana, including statistics and descriptions of all major carriers.

Louisiana Medical Insurance Statistics

No. of carriers available through SimplyInsured 3
No. of plans available through SimplyInsured 149
Average deductible $2,700
Average cost of doctor visit $100
Average cost of hospital stay $4,200
Average out of pocket maximum $5,600
Average employer contribution* $240
Average employee contribution* $400
* including dependents, for the last year, based on SimplyInsured data

Average Out of Pocket Maximum & Deductible for Louisiana Group Medical Insurance Plans*

Monthly Premium Range Average Out of Pocket Maximum Average Deductible Percentage of All Plans
$0 - $300 $6,800 $5,600 10%
$300 - $500 $5,500 $2,400 86%
$500 - $700 $4,200 $1,300 3%
$700+ - - -
* Monthly premiums are calculated for one 30-year-old

Available Louisiana Plans by Network Type

Network Type No. of Plans Available Median Monthly Premium
POS 60 $378
HMO 49 $383
PPO 39 $386
INDEMNITY 1 $639

Find Employer Group Health Insurance for Small Businesses in Louisiana

Louisiana Health Plans

Are you researching Louisiana health insurance to find small business health insurance plans? Would you like to compare plans, premiums and other cost factors to provide coverage for your employees? SimplyInsured provides access to Louisiana health insurance companies. See more information about Louisiana Health Plans and get free, instant, online quotes.

Louisiana Insurance Providers