Premiums are the monthly amount you and the employee pay for the plan. When considering whether you should offer small business employee health benefits, consider the other employee benefits you will or already offer. For example, you may currently offer fringe benefits, like flex work schedul...
Traditional group health insurance.In this instance, a small business takes out a group insurance policy through atraditional, national corporationor a local company sourced through the publicSmall Business Health Options (SHOP)marketplace. The business pays a fixed premium for the policy and employee...
Small Business Employer Health Benefits Survey Summary of FindingsEmployee Benefit Research Institute
If your business has a single employee, group health insurance is available through the Small Business Health Options Program (SHOP). This government-sponsored program makes small business health insurance plans available to small businesses with fewer than 50 employees. The SHOP gro...
As a small-business owner, you have a unique advantage over larger companies: a smaller employee roster. By asking employees about the benefits that would most improve their mental health, you’ll likely some high-demand items aren...
Employee Retention Strategies for Small Businesses 3 min read How Small Businesses Have Improved Work Life Culture 3 min read Navigating Healthcare as a Small Business 3 min read Thriving in the New Work-Life World 3 min read NEXT STEPS Contact your benefits broker for more information. ...
✘ Offering no health benefits can make it hard to attract new talent. ✘ Wage increases (as opposed to some benefit offers) are taxable to the employee. Option Three: HRAs for Small Business Health reimbursement arrangements, or HRAs, are a common benefit option for businesses with fewer ...
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...
Working remotely can improve employee mental healthby eliminating the stressors of commuting or working within a specific time frame. However, this can also make it more difficult to define boundaries between home and work. Flexible policies can help. ...
MetLife can help with employee benefits and solutions for your small business We make it easy to understand benefit options so that you can focus on growing your business. Added Value of Offering Non-Medical Benefits Non-medical benefits such as dental, vision, life, disability insurance, or le...