Work out group insurance cost instantly with clear inputs, formula shown and shareable results.
Group health premium is driven far more by family-cover uptake than by headcount, because adding a spouse, children and often parents roughly doubles the per-employee cost. Modelling uptake explicitly is essential to any benefits budget.
Total premium
Total = Single-cover employees x Premium + Family-cover employees x Premium x (1 + Family loading %)
Average cost
Average = Total premium / Number of employees
Indicative estimate only. Fees, entitlements, limits and formulas vary by jurisdiction, statute, policy wording and the facts of the case. This is not legal, tax, insurance or financial advice — confirm with a qualified professional or the relevant authority.
Because the group is a pre-existing pool with no anti-selection, underwriting is minimal or nil, and administration is centralised.
Many employers fund employee-only cover and offer family cover on a contributory basis, which controls cost while preserving choice.