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What Percentage of Health Insurance Do Employers Pay?

Patriot Software

Offering employer-sponsored health insurance keeps your employees healthy and happy. If you’ve decided to provide coverage, you might be wondering, “What percentage of health insurance do employers pay?” Learn what you must pay as an employer, and look at recent data on average costs.

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Smallest Firms See Largest Health Insurance Hikes

InterWest Insurance Services

A new report has found that small businesses that purchase their group health insurance online or through payroll vendors saw the largest premium hikes in 2022, significantly higher than those that went through brokers. The cost for individual group health plans increased 6.7% for the smallest SMBs, compared to just 4.3%

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QSEHRA Plan: Health Insurance Alternative for Qualifying Small Employers

Patriot Software

Do employers have to offer health insurance? Under the Affordable Care Act, you must provide health insurance if you have 50 or more full-time equivalent employees. A Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) is […] READ MORE. What is a QSEHRA plan?

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What are the HRA attestation requirements?

PeopleKeep

The qualified small employer health reimbursement arrangement (QSHERA) and the individual coverage HRA (ICHRA) are personalized health benefits that allow employers to reimburse their employees tax-free for their health insurance premiums and other out-of-pocket medical expenses.

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Handling Employees Who Want to Waive Coverage from Health Insurance

Patriot Software

Health insurance is a great benefit to offer employees. According to the Bureau of Labor Statistics (BLS), 71% of all private industry businesses offer health benefits. But, what happens when employees want to opt out of employer health insurance? They waive coverage.

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Onboarding software considerations before you commit

Business Management Daily

Employee onboarding software can assist with this mission. Rather than draining the eagerness out of new employees on their first day by saddling them with stacks of paperwork and reading material, onboarding software allows them to receive pertinent forms and information electronically before day one.

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Small Business Health Insurance Options: Which (If Any) Will You Pick?

Patriot Software

Thinking about offering employer-sponsored health insurance? Sure, you could offer a traditional group health insurance to your employees, but that’s not your only choice. There are a number of small business health insurance options you can choose from. appeared first on Patriot Software.