What defines the large group market in Indiana?

The large group market in Indiana is defined by employers with more than 50 employees. This classification is important for understanding how certain health insurance regulations and provisions apply, such as those set forth by the Affordable Care Act. In the context of health insurance, the division between large and small groups can greatly affect coverage options, premium rates, and the benefits offered.

Generally, larger employers often have more negotiating power and resources, which can lead to different types of insurance plans and pricing structures compared to smaller employers. This distinction helps insurance providers and regulators tailor their policies and requirements based on the size of the group, impacting everything from plan design to premium calculations and risk assessments.