Remove Deductible Remove Flexible Spending Account Remove Health Insurance Remove Voluntary Benefits
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How to offer health insurance as a small business

Higginbotham

They want to be fairly compensated for their work, and that usually involves both wages and employee benefits. Although some small business owners may feel overwhelmed by the prospect of offering health insurance and other benefits, the many advantages can make the effort worthwhile. Health insurance matters to employees.

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Flexible Benefit Plans Give Employees More Options

InterWest Insurance Services

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.

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Identify Your Workers’ Needs, Consider Costs before Open Enrollment

InterWest Insurance Services

It’s almost time for group health insurance open enrollment and your top priority should be to drive participation by helping your employees make informed decisions about their options. The lower the premium on the plan, the higher the deductibles and copays. Get an early start If your plan year starts Jan.