Affordable Health Coverage for Small Employers with Anthem SOCA

Join the Anthem SOCA Benefit Plan and provide your employees with comprehensive, affordable health coverage designed specifically for small businesses.

Group Health Plans Tailored To Small Businesses

At Anthem we are committed to transforming health outcomes in a variety of ways.

Our small business portfolio includes a variety of PPO, HMO, POS and high deductible health plans along with a wide choice of networks.

 
 

Quality healthcare access

Through our investments in people, tools, and technology, we are expanding avenues to quality healthcare, ensuring every employee has the support they need.

Whole-health outcomes

Addressing physical, behavioral, and social factors to deliver comprehensive care tailored to your employees’ unique needs.

Community strength

Partnering with you to strengthen community well-being, enhancing both local engagement and broader health improvements.

Digital Innovation

Streamlining administration with our advanced digital platforms, making healthcare management both efficient and effective.

Learn More About Small Business Health Insurance

Small business health insurance, also known as group health insurance, provides small business owners access to coverage for their employees. Whether you have just a few — or more than a few — employees, small business health insurance goes beyond healthcare coverage for you and your company. Small group plans also provide valuable incentives to attract and retain employees.

How Many Employees Do You Need To Offer Small Business Health Insurance?

The number of employees is just one of four requirements to qualify your business for small group health insurance. You must generally:

  1. Have 2–50 full-time employees1 (other than spouses, family members, or partners).
  2. Offer coverage to all full-time employees working 30 or more hours per week.
  3. Enroll at least 70% of the employees in your insurance plan.
  4. Have a physical work site within the state where you purchase your plan.

 

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What Is The Average Cost Of Small Business Insurance?

The cost of small business health insurance will depend on the type of plan or plans you want to provide as a small business owner. You will need to think of how much coverage is needed for your employees. Consider premiums, out-of-pocket costs, and provider networks when comparing plans.

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How Can I Lower My Small Business Health Insurance Costs?

Under the Affordable Care Act, employers who have fewer than 25 full-time employees, who pay average wages of $56,000 or less, or who cover at least half of their employees’ premiums may be eligible for tax credits for their small group health insurance plans. These tax credits can help lower the cost of your small business health insurance.

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Ready to learn more?

Saving money can be a top priority for SOCA Benefit Plan employers. That’s why we offer a one-time credit to your medical premium equivalent when you add Anthem dental and/or vision plans, making comprehensive benefits affordable for small businesses. 

WHAT OUR CUSTOMERS SAY

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President & CEO

Jeff Williamson – Consolidex Holdings

“Consoliplex became a participating employer in the SOCA Benefit Plan as of January
1, 2024.  Our employee health coverage was previously through a similar program, both
of which provide significant savings over other available programs in the market.  The
SOCA Plan through Anthem provided even further savings over our prior coverage. 
Anthem’s online Sydney tool has been a huge hit with our employees as well, be it for
wellness rewards or just the depth of information available to read.  While financial
savings is a strong driver of decisions for us as a company, working with partners that
share our values and are aligned in our goals as an organization is even more important
to us.  SOCA and Anthem both fit that mold as tremendous partners to Consoliplex and
we are proud to do business with them."

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Principal and Co-Founder

Rick Davidson - Community Energy Advisors

“Our company is participating in the SOCA Benefit Plan.  We are extremely pleased on
how easy it is to enroll, our broker is very knowledgeable providing us with many
options to pick from and the best part is the savings received compared to other plans."

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President & CEO

Matt Lofy - Worthington Area Chamber of Commerce

“We have been thrilled with the Anthem SOCA Benefit Medical plan. It’s an essential
part of our strategy for recruiting and retaining the talent we need for our team. We even
have a significant number of our Chamber member business taking advantage of such
a phenomenal program.”