The Pros And Cons Of Self-Funded Health Insurance Plans For Small Businesses
One of the upsides of health insurance plans for small businesses is the variety of options available to business owners. While most people are familiar with HMOs (health maintenance organizations) and PPOs (preferred provider organizations), few are knowledgeable...
5 Tips For Managing Small Business Health Insurance Costs
Running and building a business is a costly endeavor. While some businesses have greater overhead than others, no one gets away without incurring some level of start-up and then ongoing expenses. And, often times, health insurance costs can be a major expense,...
The Affordable Care Act And Small Business Health Insurance
Most small business owners know that unless they have 50 or more full-time exempt employees (FTEs) they’re not required to offer health coverage. However, if you’re a new business owner or are just now looking to offer your employees insurance options, this may be...
THE IMPORTANCE OF MENTAL HEALTH COVERAGE IN SMALL BUSINESS HEALTH INSURANCE
It’s important to keep in mind that offering small business health insurance is optional for those companies that employ less than 50 full-time employees. However, many small business owners choose to do so for a wide range of good reasons. When choosing a small...
THE TOP SMALL BUSINESS HEALTH INSURANCE TRENDS FOR 2023
Small business owners often have far more than enough to keep track of just to successfully run and build their businesses. And staying on top of business health insurance trends is often not on their radar, so to speak. However, given the significant costs of...
HOW TO IMPLEMENT A SUCCESSFUL EMPLOYEE WELLNESS PROGRAM
In addition to choosing to offer health coverage options to your employees, it’s important to know that well-designed employee wellness programs can be beneficial for small businesses. They can help improve employee health and well-being, among other benefits, and can...
THE BENEFITS OF OFFERING EMPLOYEE HEALTH INSURANCE
For employees with more than 50 full-time equivalent employees, or FTEs, offering their workers affordable health insurance options isn’t really an option. However, according to the Affordable Care Act (ACA) small businesses with fewer than 50 full-time staff are not...
UNDERSTANDING THE PROS AND CONS OF A HEALTH SAVINGS ACCOUNT (HSA)
Making decisions regarding the options and offerings an employer will make for employees can be somewhat complicated. That is largely because no two people are the same, and not all employees have the same health coverage needs. Among the several options available for...
HOW TO CHOOSE THE RIGHT GROUP HEALTH INSURANCE PLAN
Many small business employers tend to think that group health insurance is only attainable for big companies with dozens or even hundreds of employees. And, while those employers with fewer than 50 full time workers are not required to offer health insurance, many...
THE BASICS OF SMALL BUSINESS HEALTH INSURANCE
Depending on whose data you look at, the United States is home to millions of small businesses. In fact, according to the Small Business Administration, there are currently 32,540,953 million small businesses in the nation and small business health insurance is a...
STRATEGIES FOR CONTROLLING HEALTHCARE COSTS FOR YOUR BUSINESS
Like many other aspects of running a business, healthcare costs can become burdensome. And when it comes to decisions and strategies involving small business health insurance, controlling healthcare costs often tops the list. Fortunately, the guidance of experienced...
EVALUATING THE COSTS AND COVERAGE OF BUSINESS HEALTH INSURANCE
Small business owners and their employees can benefit from quality and affordable group health plans. But before an employer makes a final decision on small business health insurance coverage, comparing plans and options is a must. The question then, is how to...