Group Health Insurance

Group Health Insurance

 

No two businesses are the same, and it is important to reflect that in the options for group coverage.

 

Deciding to offer health insurance and selecting which options to provide are big steps for any business, big or small. Especially with healthcare changes like the Affordable Care Act, business owners have many circumstances to consider. For example, if you own a larger business, you may face penalties for failing to offer coverage to your employees.

 

 

A business owner may choose to pay the entire premium on behalf of the employees, or just a portion. Small businesses may be eligible for up to 50% in tax credits if they cover at least half of the premium and employ less than 25 full-time-equivalent individuals who average less than $50,000 earnings each year.

 

To learn more about all of your premium costs and options, call us.