Premium Assistance Program
Don’t let cost be a barrier to providing quality health insurance to your employees. Our Premium Assistance Program makes it easier for small businesses to offer valuable benefits that your workers want , which increases retention and helps with recruiting.
Health coverage shouldn't be out of reach for small businesses.
Small businesses struggle to offer the benefits that attract and keep good people. The Premium Assistance Program reimburses a portion of your employees' health insurance premiums — so you can offer competitive benefits that help you recruit and retain, without carrying the full cost. You keep full flexibility to choose your group plan and carrier.
How It Works
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Employer submits all required documents.
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TexHealth processes documentation through its system.
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TexHealth makes a direct deposit into employers business account.
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Employer reduces employee health insurance deduction.
Getting Started
To enroll in the Premium Assistance Program, follow these simple steps:
Ensure your business meets the eligibility requirements.
Complete a TexHealth Application and Enrollment Form.
Provide TexHealth with your monthly payroll register and quarterly Wage & Tax statement.
Begin submitting monthly health insurance invoices and proof of payment for reimbursement.
Important Disclosures
Non-tax funding for the program comes from the State of Texas and other sources.
There is no guarantee that funds will always be available.
However, Over the past 15 years, TexHealth has adequately funded participating employers.
How To Qualify
To be eligible for the Premium Assistance Program, your business must meet the following criteria:
- Small business size: We welcome businesses with 2 to 50 employees
- Location: A business office must be located within the state of Texas.
- Employee residency: Eligible employees can live anywhere in Texas.
- Employee income: Eligible employees must have annual gross earnings of $63,840 or less. May be adjusted annually.