Before subsidies, the average benchmark silver plan for a 40-year-old in New Jersey costs $665 a month for 2027 (the national average is $704). Premium tax credits bring that down for many households, depending on income and family size.
Employee benefits brokers in the Florham Park area help businesses of 1 to 50 employees choose group plans, handle renewals and answer employee questions. The 10 firms below are closest to Florham Park, NJ.
Small Business & Group Health Insurance Brokers near Florham Park
Licensed agents can compare plans available in Morris County, check your doctors and estimate your premium tax credit. Free to you.
Call 866-645-8540Do I need a minimum number of employees?
Small-group rules vary by carrier and state. Many carriers write group plans for businesses with as few as one or two employees besides the owner; a broker can tell you what's available in New Jersey.
Options for small employers
Traditional small-group plans, level-funded plans, ICHRAs (employees buy individual plans with tax-free employer money) and QSEHRAs for businesses under 50 employees.
Self-employed with no employees?
Group plans usually need at least one non-owner employee. Solo owners typically buy individual coverage, often with a premium tax credit.
Frequently asked questions
Do benefits brokers charge employers?
Most are paid commissions by the insurer. Some charge consulting fees for larger groups or extra services; ask before you sign.
How much does small business health insurance cost in New Jersey?
Premiums depend on employee ages, location, plan design and how much the employer contributes. A benefits broker can quote several carriers and funding options side by side.
What is an ICHRA?
An individual coverage HRA lets an employer give employees tax-free money to buy their own individual health plans. It works for businesses of any size.
Small business in nearby cities
- North Caldwell, NJ 9 miles
- Fanwood, NJ 9 miles
- Watchung, NJ 10 miles
- East Orange, NJ 10 miles
- Glen Ridge, NJ 10 miles
- Roselle Park, NJ 10 miles
- Bernardsville, NJ 11 miles
- North Plainfield, NJ 11 miles
- Upper Montclair, NJ 11 miles
- Roselle, NJ 11 miles