Health insurance for small businesses is primarily designed to provide financial protection to employees and their families against unexpected medical expenses, ensuring access to necessary healthcare services.

PPO plans are frequently offered to small businesses because they provide a wider network of healthcare providers and more flexibility in choosing doctors and specialists, while still maintaining a level of cost control.

A deductible is the amount of money an employee must pay out-of-pocket before the insurance coverage starts to pay for medical expenses.

While some health insurance plans may offer coverage for dental and vision care, these services are not typically included in standard small business health insurance plans.

A premium is the monthly fee paid by the employer and/or employee to maintain health insurance coverage.

All of the factors mentioned can influence the cost of health insurance for small businesses.

The out-of-pocket maximum is the maximum amount that an employee is responsible for paying out-of-pocket for covered medical expenses in a given year.

FFS plans are less common for small businesses because they typically have higher out-of-pocket costs and less predictable expenses.

A provider network is the network of healthcare providers that an employee can choose from under a health insurance plan.

Maternity care is not typically included in standard health insurance plans for small businesses, but it may be available as an optional rider.

Coinsurance is the percentage of the cost of a covered medical expense that an employee is responsible for paying.

HDHPs are less common for small businesses because they typically have higher deductibles and out-of-pocket costs.

A copayment is a fixed amount that an employee pays for a specific medical service, such as a doctor's visit or prescription drug.

Preventive care is not typically included in standard health insurance plans for small businesses, but it may be available as an optional rider.

The annual maximum is the maximum amount that an insurance company will pay for covered medical expenses in a given year.