What stipulation is included in small group health insurance plans in Indiana?

In Indiana, small group health insurance plans are specifically structured with certain stipulations to ensure they provide fair coverage while minimizing potential financial risks for insurers. One of the stipulations is that coverage is typically limited to full-time employees. This requirement is in place to help insurance companies manage risk and ensure that the group consists of individuals who are actively engaged in the workforce, which generally aligns with the understanding of stable income and healthcare needs.

By covering only full-time employees, the plans can better predict usage and maintain affordability. This provision is crucial because it helps to mitigate the often higher healthcare costs associated with part-time employees, who may not have the same level of health conditions and usage as their full-time counterparts. As a result, this stipulation aids in the overall sustainability of the small group insurance market.