Answer the following questions to learn whether your company is eligible for group insurance.
Are you a South Dakota-based business?
Your business must have a home office in the state of South Dakota.
How many employees do you have on your payroll?
You must have a minimum of two full-time employees who work at least 30 hours weekly.
Do you have the documentation required to determine group eligibility?
You must have a Federal Tax ID number or Sole Proprietor documentation. Additional documentation needed may include:
Employer’s Quarterly Contribution and Payroll Report for the most recent quarter
Wage and Tax Statement
W-2s/W-4s for employees
Schedule K-1
Will you be paying any portion of the premium?
We recommend you contribute at least 75% of the premiums for your employees; you must contribute at least 25% of the premiums for the individual employee if you are an employer with 2-50 employees and 50% if you are an employer with 51-100 employees.
How many employees want to participate in your health plan? We require 75% of all eligible employees who do not have existing health coverage to participate in your company's Wellmark coverage.
If you meet all of these requirements, your company is eligible for a Wellmark small business health plan. Request a quote.
If you are not sure you meet these requirements or whether you have the documentation needed, please call us at 1-888-232-2200.