Do you run your own business? Do you employ 50 or less full-time workers? Are you interested in finding a group health insurance plan that can meet all of your needs? Then a company like ours is just what you need to find the best group coverage policies from most major insurance companies. But, before you send in a request for small business health insurance quotes, we want you to have a better idea of what to expect regarding small business healthcare plans. In general, businesses that employ less than 50 full-time workers are under no obligation to provide any type of healthcare package to their employees.
Although you aren’t required to, we know most business owners like the idea of being able to provide healthcare. Not only does being able to offer benefits attract more qualified potential employees, but it also guarantees a healthier, happier workforce by giving your employees a since of confidence in knowing they are protected. And, many times the cost of the new group insurance package can be shared by the employees through deductions from their paychecks. The amount you pay is really determined by the type of policy you choose and the number of employees both single and married that you are covering.
Finding the plan that you ultimately want to go with can be a tricky thing. There is so much information and much of it can be confusing if you do not understand the terminology or the legalities. But, fortunately, there are many ways you can find the right policy to implement in your company. You can join an association that will allow you to combine with a larger group of employees. This tends to lower costs. And, if one of your employees were to become seriously ill, it would prevent insurance rates from increasing beyond what can still be easily managed.
However, when looking for small business health insurance quotes, a broker can be the absolute best way for you to end up with a healthcare policy that meets all of your needs. A broker’s job is to do all the research and leg work that you would have been doing. Having access to major healthcare providers gives them an automatic advantage. They know who to call. They know what questions to ask you as a small business owner and they are able to easily find out what is required in your state. Keep in mind, as well, that you are never under any obligation to buy a particular policy.
Jesse Smedley is the Principal Broker for iHealthBrokers and the founder, president, and CEO of Smedley Insurance Group, Inc. and iHealthBrokers.com. Since the inception of SIG in 2007, Jesse has been dedicated to helping people save money on their health insurance by providing them with resources to educate themselves on all their health insurance options, both under age 65 and Medicare beneficiaries. He is featured in many publications as well as writes regularly for expert columns regarding health insurance and Medicare.
