While two-thirds of small businesses surveyed said they provide health insurance benefits for their employees, it is the second most cited condition, behind economic factors, that small business owners and managers felt would have the greatest impact on their business in 2005. More than 175 ...
For small businesses with only a handful of employees, health care cost sharing can be a simple, refreshing way to offer health benefits while keeping your costs under control. Today, over 2 million people are enrolled in health sharing plans.& Rising in Popularity as an Alternative Health...
The following are thefive most common health care optionsavailable to small business owners: Qualified small employer health reimbursement arrangements (QSEHRAs).A QSEHRA allows you to provide a monthly tax-free allowance to your employees, providing them with the flexibility to pay for health care,...
In fact, according torecent Gusto research, owners of small businesses who currently offer health insurance as an employee benefit see rising healthcare costs as their No. 1 policy concern. For small-business owners who don’t offer health insurance the issue is their No. 2 concern, after inc...
If your business has fewer than 50 employees, then you are not required to offer access to health insurance. But as many small business owners can tell you, it can be difficult to grow a young company without a competitive benefits package. On the other hand, sometimes the smarter financial...
Small-Business Owners on Health Care Policy: Results of a Survey.The article highlights a survey conducted on the members of National Federation of Independent Business (NFIB), a group of small and independent businesses, concerning health care policy in the U.S. It is mentioned that 74% of ...
But how can small-business owners, whose companies often have less financial resources, make meaningful investments in mental health-care benefits? The answer is a combination of two essential actions: expanding what you consider to be ...
What is not covered under small business health insurance? Business health insurance typically doesn’t cover pre-existing conditions or chronic ongoing conditions, such as asthma and diabetes. Emergency care isn’t usually covered either, as most private hospitals don’t have an A&E department. ...
Help is on its way. Recognizing the health-care challenges small businesses face,President Trumpissued an executive order last fall directing his Department of Labor to expand AHPs. These health plans allow small-business owners to band together to negotiate lower rates and mitigate risk. But...
Independent contractors are not considered employees, so the ACA rules for health insurance don’t apply to them. Asole proprietorrunning a small business may be subject to the rules, but only if they meet the 50 or more full-time employees or FTE guidelines. Self-employed business owners wit...