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North Carolina

North Carolina Small Business Health Insurance

There are different North Carolina health insurance laws regarding small businesses and the self-employed. Often these types of health insurance policies are easier to qualify for than an individual health insurance policy, even if you are not in the best of health.

This guide:

  • Describes small business health insurance laws in North Carolina

  • Briefly explains self-employed North Carolina health insurance

  • Alerts you to a beneficial tax deduction

We also have a guide to North Carolina health insurance for families and individuals.


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North Carolina small business health insurance

North Carolina small business health insurance laws require North Carolina health insurance companies to sell any small business offer at least two state standardized plans to any small businness that qualifies. Also, the same small group health insurance policy sold to other small businesses must also be offered to any eligible North Carolina small business. To be eligible, the small business must have at least 2 employees but not more than 50.

North Carolina health insurance companies, however, can mandate minimum participation requirements. Under this stipulation, a certain percentage of employees or members must purchase the offered health insurance policy or the entire health insurance policy for the small business will be rescinded.

Employers may also need to contribute a certain amount towards their employee's premiums before the health insurance company agrees to sell a North Carolina small business health insurance policy to the group.

Although North Carolina health insurance companies are required to sell all small businesses health insurance if the above requirements are met, the price of North Carolina small business health insurance is only lightly regulated.

Premiums for North Carolina small business health insurance can be more due to the group's health status and risk.

Furthermore, as a protection for groups insured under small business health insurance, North Carolina health insurance regulations do not allow policies to be canceled because one of the insured individuals falls ill.

Self-employed North Carolina health insurance

Different states have different rules for dealing with health insurance for the self-employed. In North Carolina, the owner of a small business can purchase a North Carolina small business health insurance policy, even if there are no other employees.

A self-employed individual can either purchase a North Carolina small business health insurance policy or an individual North Carolina health insurance policy.

Both choices have their own unique advantages.

If you choose the former, the protections and advantages of having small business health insurance is guaranteed. If you choose the latter, part of your premiums can be deducted from your taxes.

More NC small business health insurance help

If you want more help getting the a good health insurance policy, read our guide to small business health insurance.

To find out more about NC group health insurance laws and regulations, visit the official website of the North Carolina Department of Insurance.





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This internet site provides information of a general nature for educational purposes only and is not intended to be legal advice. We make no guarantees as to the validity of the information presented. Your particular facts and circumstances, and changes in the law, must be considered when applying insurance law. You should always consult with a competent insurance professional licensed in your state with respect to your particular situation.