Wisconsin Group Health Insurance
Employers in Wisconsin can save, find, compare, and enroll in group health insurance with Sanus Benefits. Throughout the state, the Sanus Benefits Portal gives you access to unique, affordable, and comprehensive health insurance options. In Wisconsin, we also offer special Association Health Plans such as the Association of General Contractors Health Plan. We provide all plan types, including: Fully Insured Health Plans, Level Self-Funded Plans, Self-Funded Plans, Limited Benefit Plans, and Reference-Based Pricing Options. Depending on your business size and employee needs, we can help you determine the best plan for your group.
Group Health Insurance in Wisconsin
The first step in saving on your group health insurance in Wisconsin is to get a quote. The process is simple and quick for most Wisconsin employers. You’ll need to provide your group’s census information and ideally, your claims history and renewal data. Through the Sanus Benefits Portal, you can easily submit your data and get instant quotes from multiple carriers. The entire process typically takes less than 5 minutes once your census is uploaded.
Wisconsin’s laws allow for certain options that other states don’t offer. For instance, the state’s health insurance exchanges are fully integrated with federal programs like the ACA, and Wisconsin has its own laws governing employer health plans that can vary slightly from other states. In particular, Wisconsin has specific regulations that allow for innovative Association Health Plans, which can be a great option for small businesses in the state.
| Wisconsin Health Plans Summary | |
|---|---|
| Fully Insured Health Plans | Traditional health insurance plans where employers pay premiums to an insurer for coverage. This is ideal for businesses that want to minimize risk. Major carriers include: Anthem, UnitedHealthcare, Cigna, and more. |
| Level-Funded Plans | These combine aspects of fully insured and self-funded plans. Employers pay a predictable, level premium and assume some risk for their claims. These plans are great for employers seeking a balance of predictability and cost savings. |
| Self-Funded Plans | Employers assume direct responsibility for paying claims, with a stop-loss policy to manage large claim costs. Best suited for larger businesses in Wisconsin that need flexibility and want to manage their healthcare costs more directly. |
| Limited Benefit Plans | Provide basic coverage at a lower cost, ideal for smaller Wisconsin businesses seeking affordable healthcare solutions for employees. These plans typically offer limited coverage and may not cover all medical expenses. |
| Reference-Based Pricing Plans | Rather than paying standard network rates, these plans pay based on a set reference price for services. While they require more administration, they can result in significant cost savings for employers in Wisconsin. |
