Having the right Health Insurance benefit for your small business is extremely important.

In order to help you find the benefit that fits your needs, we'll go over seven types of Health Insurance Plans. Five of these are traditional group health insurance policies, but we'll also introduce you to alternatives if group health is outside of your budget.

Knowing these policy types will prepare you for evaluating options each year as part of your internal small business audit.

Editor's Note: This blog was originally published on March 7, 2013. It has been updated to reflect the most recent small business health insurance options. As a point of clarification, numbers 1-5 may also be individual health insurance policies; this blog merely discusses these options from a small business perspective.