It’s more affordable than you think!
What are the benefits of providing group health insurance to my employees?
- It’s no secret that employees value health insurance benefits. You may find it easier to hire and retain the best staff by offering health insurance benefits.
- As a business owner, you may not have health insurance coverage. You may have considered shopping for an individual health insurance plan…did you know that by obtaining insurance through a group plan, you may get better rates than through an individual plan?
- There are many tax incentives available when you participate in a group health insurance plan. For example, businesses can generally deduct 100% of the premiums they pay on qualifying group health plans, and by offering group health insurance as part of a total compensation package, you may be able to reduce payroll taxes. Plus, your employees can pay their portion of the monthly insurance premium with pre-tax dollars.