Small Business Health Insurance for Electrical Contractors in Lehi, Utah

Updated July 2026 · UtahPlanFinder.com — Licensed Health Insurance Producer (NPN #21249133)

Lehi's small electrical businesses can choose between small group plans, individual marketplace plans, or an ICHRA.
In 2026, 5 carriers, including Select Health and University of Utah Health Plans, offer marketplace plans in Utah County (Rating Area 4).
For individual coverage, Utah's HealthCare.gov marketplace offers HMO and EPO plans, with PPOs not available on-exchange.
Utah Medicaid expanded in 2020, covering adults up to 138% of the Federal Poverty Level, including many low-income employees.

Navigating health insurance options for your electrical contracting business in Lehi, Utah, can seem complex, but understanding the local market and available plans simplifies the process. Whether you're a sole proprietor or managing a growing team, finding cost-effective and comprehensive coverage is crucial for attracting and retaining skilled electricians. In Lehi, part of Utah County, small businesses have several avenues for health benefits, including state-specific small group plans, individual marketplace options through HealthCare.gov, and innovative solutions like Health Reimbursement Arrangements (HRAs). With a median income of $131,299 in Lehi, and a relatively low uninsured rate of 5.1% per U.S. Census Bureau ACS 2024 5-year estimates, many residents already prioritize health coverage, making competitive benefits a strong asset for local employers.

Get Your Free Health Insurance Quote

A licensed agent can compare coverage options for you at no cost.

✓

You're all set!

A licensed agent will reach out shortly.

What Are Small Group Health Plan Options for Lehi Electrical Businesses?

Small group health plans are designed for businesses with 1 to 50 employees (in most states, including Utah) and are a common way for electrical contractors to offer benefits. These plans allow you to contribute to employee premiums, fostering loyalty and well-being. In Lehi, the specific options will depend on your business size, budget, and employee needs. Small group plans often offer a wider range of benefits and can sometimes be more cost-effective than individual plans for employees, especially when considering the tax advantages for the business. Key considerations for small group plans include:

Participation Requirements: Most carriers require a minimum percentage of eligible employees to enroll (e.g., 70%).
Contribution Requirements: You'll typically need to contribute a percentage of the employee's premium (e.g., 50% or more).
Network Types: Small group plans in Utah County will primarily offer Health Maintenance Organization (HMO) and Exclusive Provider Organization (EPO) networks, with PPO plans generally found off-exchange.
Tax Advantages: Employer contributions to group health premiums are typically tax-deductible as business expenses.

Considering Individual Coverage for Your Electrical Team in Lehi

For smaller electrical businesses, or those with employees who prefer more choice, individual health plans purchased through HealthCare.gov can be a viable option. Employees can choose plans that best fit their personal health needs and budgets, and many may qualify for Premium Tax Credits (subsidies) based on their household income. These subsidies can significantly reduce monthly premiums, making coverage more affordable. In Utah, HealthCare.gov is the federal marketplace (FFM) where individuals and families can shop for plans. It's important to note that for individual marketplace plans in Utah, the choice is between Health Maintenance Organization (HMO) and Exclusive Provider Organization (EPO) network structures, as PPO plans are not available on-exchange. This means employees will need to select a primary care provider within the network for HMOs or stay within the network for all services with EPOs, unless it's an emergency. For employees with lower incomes, Utah expanded Medicaid in 2020 via a ballot initiative. Adults with income up to 138% of the Federal Poverty Level (FPL) may qualify for Utah Medicaid, offering comprehensive, low-cost coverage. For pregnant women, the threshold is 144% FPL, and for children, Utah CHIP covers those in households up to 200% FPL. These programs can provide essential safety nets for employees and their families who earn below the subsidy eligibility threshold on HealthCare.gov.

Health Insurance Carriers in Lehi, Utah County

When seeking health insurance for your electrical business or employees in Lehi, it's essential to know which carriers serve Utah County. In 2026, 5 carriers offer marketplace plans in Rating Area 4, which is comprised solely of Utah County. These carriers provide a range of HMO and EPO options tailored to the local market:

BridgeSpan Health Company
Imperial Health Plan of Utah
Regence BlueCross BlueShield of Utah
Select Health
University of Utah Health Plans

These carriers offer various plan tiers—Bronze, Silver, Gold, and Platinum—each with different cost-sharing structures. Bronze plans typically have lower monthly premiums but higher deductibles and out-of-pocket costs, while Gold and Platinum plans have higher premiums but lower costs when you need care. Silver plans offer a balance and are the only tier where Cost-Sharing Reductions (CSRs) are available for eligible individuals, further lowering deductibles and copays.

Making the Right Decision for Your Electrical Business

Choosing the best health insurance strategy for your electrical contracting business in Lehi depends on several factors, including the number of employees, your budget, and the specific needs of your team.

Utah County, with its population of 705,400 and a median age of 25.8 years per U.S. Census Bureau ACS 2024 5-year estimates, is served by 6 acute care hospitals, including Intermountain Health Utah Valley Hospital in Provo and American Fork Hospital in American Fork. Ensuring your team has access to these local facilities through their chosen plan is a key consideration. The county's uninsured rate stands at 7.5%, indicating a significant portion of the population relies on health coverage.

Consider these steps:

Assess Your Budget: Determine how much your business can realistically contribute to employee health benefits, factoring in tax advantages.
Evaluate Employee Needs: Survey your team to understand their priorities regarding network access, prescription coverage, and cost-sharing preferences.
Compare Plan Types: Weigh the pros and cons of small group plans versus encouraging individual marketplace enrollment or implementing an ICHRA.
Consult a Licensed Agent: A local licensed health insurance producer can provide personalized guidance, compare quotes from all available carriers, and help you navigate the complexities of Utah's health insurance market.

For electrical business owners in Lehi, offering health benefits can significantly enhance employee satisfaction and retention. Understanding the specific options available in Utah, from small group plans to HealthCare.gov subsidies and Medicaid expansion, is the first step toward building a robust benefits package.

Frequently Asked Questions

What are the health insurance options for small electrical businesses in Lehi, Utah?

Small electrical businesses in Lehi can explore small group health plans, individual plans through HealthCare.gov (with potential subsidies), or a combination of both. Options include HMO and EPO plans from local carriers like Select Health and Regence BlueCross BlueShield of Utah.

Can an electrical business owner in Lehi get a tax deduction for health insurance premiums?

Yes, depending on your business structure and how premiums are paid, health insurance premiums can often be tax-deductible. For self-employed individuals, the Self-Employed Health Insurance Deduction may apply. For small group plans, premiums are generally deductible as a business expense. Consult a tax professional for specific advice.

Are PPO plans available on the HealthCare.gov marketplace in Utah County?

No, PPO plans are not available on the HealthCare.gov marketplace in Utah. Shoppers in Lehi and Utah County will find a choice between Health Maintenance Organization (HMO) and Exclusive Provider Organization (EPO) plans for individual and family coverage.

What is the minimum number of employees required for a small group health plan in Utah?

In Utah, a small group health plan typically requires at least two full-time equivalent employees, excluding the owner or spouse. Some carriers may have specific minimum participation requirements, often requiring a certain percentage of eligible employees to enroll.