When discussing affordable health plans, it is important to note that there are established baselines that define what is considered “affordable”. According to Healthcare.gov, for example, “In 2023, a job-based health plan is considered “affordable” if...
As a small business owner, you often wear multiple hats, from managing daily operations to overseeing finances. Among your myriad responsibilities, one critical task that requires careful attention is navigating the small business open enrollment period for employee...
In today’s competitive job market, employers are not only looking to attract top talent but also retain their valuable workforce. One essential factor that plays a significant role in employee satisfaction and retention is access to quality healthcare. By...
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...
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,...
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...