article thumbnail

4 Health Insurance Options For Small Business Owners

Genesis HR Solutions

In the small group market: Rates are regulated Plans typically require 70% or more employee participation Plan options may be limited Carriers have contribution requirements. Either way, your small business has access to certain products, which usually don’t include many of the more robust insurance plans offered to larger companies.

article thumbnail

How to lower employee stress about health insurance

Insperity

At a high level, employees might be directed to the: HR benefits specialist Professional employer organization (PEO) service team or dedicated HR specialist (if your company outsources certain HR functions to a PEO, and the PEO provides benefits to your employees) Contact center or member services at the insurance carrier.

article thumbnail

Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

That’s why most employers contribute (many significantly) to health insurance—covering anywhere from 50% to 100% of the total cost. Learn everything you ever need to know about Professional Employer Organizations (PEOs) in this free guide. How do you decide which benefits your organization should offer?