What defines small group coverage in Vermont?

Small group coverage in Vermont is defined as coverage that applies to employers with 1 to 100 employees. This definition aligns with federal regulations under the Affordable Care Act, which classifies small groups as those with up to 100 full-time equivalent employees. The rationale behind this classification is to ensure that small groups have access to health insurance options that are more affordable and tailored to their size, allowing them to provide essential health benefits to their employees.

In contrast, groups that exceed this limit fall into a different category where insurers may have different underwriting criteria and premiums. This distinction is important for both insurers and employers, as it guides the plan options available, compliance with regulations, and potential costs associated with providing healthcare coverage.

The other ranges provided do not fit the current legal definition for small group coverage in Vermont.