With as few as two enrolled employees and a modest employer contribution, any company can offer group health insurance. With countless plan designs to select from, from Copay Plans and PPOs to HSAs to HRAs to HMOs and even combinations, the small business can have a group health insurance program that rivals the largest companies. Don’t worry about the terminology, we convert it all into simple English and also explain it to your employees. Think of us as the unpaid employee who takes care of your benefits. We’ll work with you to design the best plan for your particular needs and negotiate with the insurance companies for the most favorable rates. We’ll even sign you up with an association if there is a significant enough discount available.
Voluntary Health Insurance
Many businesses cannot afford to provide traditional group medical insurance for their employees, but this doesn’t stop them from having an appealing benefits program. By making the employee premiums for individual and family health insurance tax free, you are able to provide them with savings of 30% or more and reduce your company’s payroll taxes in the process. We set you up with the necessary documentation to ensure your plan is in compliance, meet with each employee to help them select the plan that works best for them and enroll them in it. You collect the premiums from your employees via payroll deduction and send them to the insurance company who will provide you with a “list bill” each month. If an employee leaves, their plan is portable and you have no responsibility other than sending the insurance company the premiums you have already collected.
