Health Insurance

Medical care costs in the U.S. have risen significantly, and most employees seek jobs offering health insurance benefits. It’s no surprise that most companies use health insurance coverage to recruit more employees. However, while you might want to recruit and retain employees, your company may not have the financial ability to secure a health insurance plan. As a small business owner, understanding and managing the dynamics of health insurance can be a bit challenging. Luckily, there is no requirement for small employers to offer health insurance coverage for their employees. However, the case is different for employers running large organizations. …

Do Small Businesses Have to Offer Health Insurance? Read More »

Businesses of any size often need to place much of their focus into ways to improve operations and yield better results, on top of the almost-constant need of motivating employees. But there is one solution that could potentially address all such needs under the right circumstances: offering your employees health insurance benefits. In fact, many surveys and studies routinely show that health coverage is one of the most important types of benefits employees want to get from the companies they work for. If your company needs to upgrade or introduce a new health insurance plan for its employees, there are …

Why Small Businesses Should Offer Health Insurance Read More »

One of the best ways for a company of any size to attract more qualified employees and improve its retention is the health insurance package offered. More than the perks of time off and an optimized workspace, knowing your medical needs can be taken care of ranks high among the preferences of employees. But when talking about the costs of a small business health insurance plan, owners inevitably wonder if this decision is financially better than the typical individual plans. The short answer is that yes, small business insurance plans are less expensive in most cases than individual ones, and …

Is Small Business Health Insurance Cheaper Than Individual? Read More »

While many employees across the country want their company to offer health insurance, for business owners finding the right plan can be a rather daunting experience. On top of this, small businesses, in particular, may worry about the cost of such a benefit, and whether their budget can comfortably accommodate it. But for a lot of businesses, the benefits of health insurance plans for workers can drastically outweigh the costs. What Are the Benefits of Small Business Health Insurance? There are several compelling reasons why small business health insurance plans can benefit both the employees and the business: Increased Employee …

How Much Does Small Business Health Insurance Cost Read More »

Offering health insurance to employees is important for small businesses. With the continually increasing cost of providing group insurance coverage, you may wonder if providing health benefits will become entirely unsustainable in the future. This may be the case if you’re operating on a tight budget or have fewer employees and other resources, hindering you from meeting the requirements for group health plans. But the great news is that you can receive some tax benefits for your investment. As a small business owner, you can write off some of your group’s health insurance-related costs from your federal business tax. But …

Is Health Insurance a Business Expense? Read More »

The labor market is constantly evolving, and employees have become critical assets for many small businesses. Most employees now expect to receive health benefits from their employers. Therefore, small business owners need to assess their health insurance plans to ensure they offer employees sufficient coverage. However, most of them often lack the time and resources to find the most reliable health insurance coverage for their workers. Health insurance experts from DesignTM Health have discussed several factors to consider purchasing the most suitable health insurance plan for your small business. Adequate coverage Since you want to get a health insurance plan …

How to Choose Health Insurance for Small Business Read More »