Managing Digestive Disorders
About Me
Managing Digestive Disorders

My name is Lilith Maclin and if you suffer from a digestive disorder, you can find a wealth of information about this type of medical condition in my blog. Three years ago, my husband was having severe stomach cramps and his doctor told him that he had a digestive disorder called ulcerative colitis. After my husband was diagnosed, I did thorough research to learn how to control and manage this disorder. We kept track of everything that my husband ate and when a certain food caused a flare-up of his condition, he eliminated that food from his diet. By learning all we could about this digestive disorder, my husband has been able to live pain free. If you want more information about this disorder and how to manage it, you can find it here by reading my blog.

Managing Digestive Disorders

What All Small Business Owners Need To Know About Offering Health Insurance To Employees

Louella Davidson

Small businesses with less than 50 full-time employees aren't required by law to offer health insurance packages. But that doesn't mean that you can't include health insurance as part of your employee benefits package. In fact, offering health insurance to your employees could really benefit your in the long run. Learn more about small business health insurance and how including it in your benefits package benefits your company.

How Much Does Health Insurance Cost?

Many small business owners avoid offering health insurance because they believe that it costs too much. The amount you pay for your employees' health insurance plans will vary depending on the location of your business, the insurance plan that you choose, the carrier's group health insurance rates, your company's contribution strategy, and employee demographics. You can offer health insurance to your employees without making any contributions to the cost. However, many companies do contribute to the cost of their employees' health insurance. In order to get a tax credit, you are required to pay at least 50 percent of your employees' health insurance costs. According to a 2015 survey, the average annual cost of health insurance for a single person was $6,251, and workers paid an average of $1,071 of that cost. The survey also stated that cost of a family health insurance premium was approximately $17,545 per year in 2015, and that workers paid approximately $4,955 of that cost on average. If you're concerned that the cost of group healthcare might be more than your company can afford, you should consider contacting a health coalition group, such as Employers Health Coalition, for help finding high-quality insurance at the lowest possible price.

How Offering Health Insurance to Employees Benefits Your Company

Including health insurance in your employee benefits package has several benefits, including:

  • Increases your employee retention rates
  • Helps you attract highly qualified employees
  • Qualifies your company for health-insurance-related tax breaks — you can write off 100 percent of the premiums that you pay for your employees' health insurance plans.
  • May qualify your company for another tax credit — as long as your business employs less than 25 full-time employees.

Offering your employees a benefits package that includes health insurance, especially if your company covers some of the annual cost, has a lot of different benefits. When you're ready to find an employer's health program that fits your company's needs, contact a health coalition company to help you with the process.