The average cost for small business health insurance in
Washington state is $491.67 per individual covered each month, according to 2021 filings with
the Washington Office of the Insurance Commissioner. You can see the publicly
available rates filed by each company on its website.
The median cost per person each month is $507.31, with average costs from different health plans ranging from around $400 to more than $500 each month.
Using the average cost, a company
with 5 employees could expect to pay around $2,458 a month or $29,499 a year to
cover their employees’ healthcare. It’s important to note that these are
averages and costs vary between different health plans and in different parts
of the state. Expect some variance on this estimate.
Need a small business health plan?
Premera offers numerous plans to meet the needs of your employees. Sign up to chat with an agent to discuss your company's health plan. Sign Up for a Free Quote
Why should you offer a health plan at your small business?
Here are just a few of the many benefits.
- 21% of employees would consider switching jobs for better healthcare benefits according to a recent Premera study
- You might be eligible for
- 89% of workers prefer
better benefits to more
- 89% of small business
owners currently hiring have trouble finding the right talent
- Health insurance is the
number one benefit to employees; you’ll retain and attract
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