Smart Group Health Coverage Built for Your Team
At Braaten & Company, we help business owners find group medical insurance plans that work for their team and their budget. Whether you are launching a startup or looking to improve what you currently offer, we make the process straightforward and personal. Call us at (320) 200-1208 to get started.
What Group Medical Coverage Actually Does for Your Business
Offering employee health insurance is one of the most powerful ways to attract and keep great people. It shows your team that you are invested in their well-being, and it gives your business a competitive edge in hiring.
Beyond recruitment, a well-structured group health plan can also reduce absenteeism and improve workplace morale. Employees are more likely to show up consistently and perform better when they feel supported and covered.
HMO, PPO, and HDHP Plans Explained for Employers
HMO (Health Maintenance Organization): Lower premiums and predictable costs, but employees must use a defined network of providers and select a primary care physician. A practical choice for businesses managing tight benefits budgets.
PPO (Preferred Provider Organization): Greater flexibility—employees can see any provider inside or outside the network without a referral. Premiums are higher, but the freedom appeals to competitive hiring environments.
HDHP (High-Deductible Health Plan): Lower monthly premiums paired with a higher deductible. Often combined with a Health Savings Account (HSA), which lets employees set aside pre-tax dollars for medical expenses. A strong fit for businesses offering a tiered or supplemented benefits strategy.
Matching Plan Type to Workforce Size and Budget
We evaluate your business size, industry, location, and employee demographics before recommending a plan structure. A ten-person manufacturing company in Becker has different group medical needs than a forty-person professional services firm in Saint Cloud, and plan selection should reflect that.
How We Help You Find the Right Medical Plan
Not every plan fits every business. That is why Braaten & Company takes a hands-on approach to reviewing your options and matching you with coverage that fits your workforce size, your industry, and your goals.
We walk you through:
- Plan types, including HMOs, PPOs, and HDHPs
- Employer and employee cost-sharing structures
- Network Coverage across the nation
- Annual renewal reviews to keep your plan optimized year over year
We also support your employees directly during enrollment, answering questions and making sure everyone understands what they are signed up for.
Frequently Asked Questions About Medical Insurance
What is the difference between an HMO and a PPO for health insurance?
An HMO generally requires employees to use a specific network of providers and get referrals for specialists. A PPO offers more flexibility to see out-of-network providers, usually at a higher cost.
How much does group health insurance cost for a business in Minnesota?
Costs vary based on plan type, group size, and employee demographics. Braaten & Company reviews options across multiple carriers to find the best value for your specific situation.
Can a startup qualify for group medical insurance?
Yes, many carriers offer group health plans to businesses with as few as one eligible employee. We regularly help startups set up benefits from the ground up.
How often should we review our employee medical plan?
We recommend reviewing your plan at every annual renewal to assess for cost increases, coverage gaps, or better options that have become available.
Ready to Build a Medical Benefits Program Your Team Will Value?
Braaten & Company has helped businesses across Minnesota design group health insurance solutions that fit their people and their bottom line. Call us at (320) 200-1208 to schedule a no-pressure conversation about what the right medical coverage could look like for your team.
