Get Help Paying For Health Insurance With The Family Health Plus (FHP) Premium Assistance Program
The Family Health Plus (FHP) Premium Assistance Program may help make health insurance more affordable for your employees by allowing lower-income employees to enroll in your small business’s health insurance plan at little or no cost to them.
If an employee is eligible and your health insurance plan is both qualified and cost-effective, the FHP program will pay for most of the employee’s share of health insurance premiums to cover the employee and his or her family. Additionally, the program may reimburse the employee for deductibles, coinsurance, and co-payments that exceed the Family Health Plus co-payment schedule.
The FHP Program Benefits Employers As Well As Employees
With the FHP Premium Assistance Program, employees may be able to afford health insurance. As an employer, you may see benefits in the form of:
- Employees taking fewer sick days
- Increased productivity
- More employees can participate in your health plan
- Overall improved employee satisfaction and health
The FHP Premium Assistance Program Costs Nothing For Employers
There is no cost to you to have your employees participate in the FHP Premium Assistance Program. You may be asked to accept payments from the program for your employee’s share of his or her monthly health insurance premium and to provide information when changes are made to your health plan.
What To Do Next
You can inform your employees about the availability of the Premium Assistance Program. If they are interested, you cannot apply for them; they must apply themselves. You can also direct them to www.nyc.gov/healthstat for more information about eligibility.