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What are the benefits of small business health insurance?

In today’s competitive marketplace, health insurance is the most important factor in recruiting and keeping talented employees. There are several insurance options available to help entrepreneurs select the right health plan. Trade associations often have insurance groups that small companies can join. This is a convenient way for small businesses to cope with rising health insurance costs. More members mean lower insurance premiums and more coverage, so be sure to research association plans and insurance groups offered in your state.
Benefit of providing health insurance to your employees is that doing so may qualify your business for health-care subsidies to small employers or minority-run businesses. Keeping employees healthy helps productivity, so investing in a good health insurance plan is usually the right decision for small business owners. However with the constant rise of health care costs and insurance premiums, it is important to compare insurance plans to make sure you and your employees receive quality healthcare at a fair price. Any compensated owner, officer, partner, or permanent employee who works for the company at least 25 hours per week may be eligible to enroll in a small business health insurance plan. Anyone covered by a small business health insurance plan needs verifiable tax documentation, or the entire group’s eligibility could be affected.

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This entry was posted on Wednesday, August 3rd, 2011 at 7:21 am and is filed under Florida Group Health Insurance, Florida Health Insurance, Florida Medicare, Group Health Insurance, Health Insurance, Health Insurance Blogs, Illinois Health Inssurance News, Life Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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