Employer Group Health Insurance
1-49 Employees
Did you know that you save up to 50% of the employer's premium contribution? You may qualify for the Small Business Health Care Tax Credit if your company is a small business with 25 or fewer full-time equivalent employees with an average salary less than $50,000 per year.
BeWell New Mexico
Apex can help enroll your company for health care coverage through BeWell NM which allows employees to pick from multiple insurance companies, including:
- Presbyterian
- New Mexico Health Connections
Plus, Apex makes sure you are compliant with the Affordable Care Act (ACA) law. If BeWell NM is not a fit, we can help you find a plan directly with a carrier that best fits your needs.
Are you self employed or a company of one? We offer individual health insurance options just for you.
50+ Employees
Attract and retain the most qualified employees
Employers with 50+ Full Time Employees (FTEs) must offer group health insurance to comply with the law and attract the most qualified employees.
Ensure employee wellness and productivity
Insurance plans offer preventative care that can keep employees healthy and working.
Tax incentives
You can use your employer contribution towards your employee's premium as a tax deductible expense.
Avoid tax penalties
The Patient Protection and Affordable Care Act requires employers with 50 or more full-time employees (or a combination of full-time and part-time employees that is equivalent to 50 full-time employees) to offer health coverage or be subject to assessment.
Compliance Services
As a free service, Apex Insurance creates your large-group compliance documentation and keeps it up to date. Request your free compliance consultation.
If your company employs 50+ full time "equivalent" employees and you fail to offer affordable coverage, you could face a penalty of $2,000 per employee (minus 30 employees).
If you do not actually employ 50 FULL TIME employees, you could still face a penalty! Part time employees add to your Full Time Equivalent count and can put you over the 50+ mark. Click here to determine your full time equivalent employees.
Which employees count toward a full time equivalent employee?
- Employees who works 30+ hours per week
- Two employees who work 15 hours per week count as 1 full time equivalent employee.
- All part time employees count as a portion of a full time employee.
Health Insurance Carriers
- BeWell NM (Preferred Broker)
- Presbyterian Health Plan
- United Healthcare
- Blue Cross Blue Shield New Mexico
- True Health New Mexico (Board Member)
- New Mexico Health Connections (Board Member)
- Molina
- Christus
- Cigna
- Delta Dental
- MetLife
- Principal
- Unum
- Guardian
- Companion Life
- Vision Service Plan (VSP)
- Lincoln Financial
- Superior Vision
- Security Life
- Hartford
- Sun Life
- Standard
- Reliance Standard
Types of Employee Benefits Available
- See our services page for more details.
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short Term Disability
- Long Term Disability
- Accident/Hospital/Critical Illness