As a business owner, you can often find yourself between two scenarios. While you would love to provide some kind of small group health insurance to your staff, you also have a sense that your company is too small in numbers to qualify.
What may surprise you is that you don’t have to have a set amount of employees to qualify for small business health insurance. In Michigan, Freeland Insurance Solutions can help you find the best plan for you and your employees, no matter the size of your company.
What Does Small Group Health Care Look Like?
For many employed individuals, their health insurance coverage is obtained through a group policy that their employer chooses. However, when it comes to small businesses, there aren’t always coverage options available, and workers must find their insurance policy elsewhere.
Small group health care can look different in a few particular ways. For starters, the overall cost is frequently reduced based on having several individuals under one umbrella. Additionally, working with a health insurance agent in Michigan can help you pinpoint policies that cater to the needs of your staff instead of just generic coverage.
Is It Beneficial?
In most cases, providing small business health insurance can give you and your employees more options for healthcare than what you get by purchasing a plan independently or through the marketplace.
You may also qualify for tax breaks and incentives for providing health insurance to your team. It is worthwhile to speak with both a health insurance agency, such as Freeland Insurance Solutions, and a reputable tax accountant to see what works best for you.
Is It Required?
Legally, it is not required for many small businesses to provide health insurance coverage to their staff. However, this doesn’t mean that you can’t. Businesses as small as two employees can be eligible for small group health insurance. More often than not, better and more affordable rates can be provided when part of a group policy.
What Is the Process?
For those who own and operate a small business out of Michigan and are interested in learning more about the costs and the process associated with small group health insurance, it’s not as overwhelming as you may think.
The first step is scheduling a meeting with an expert health insurance agent. Dawn Freeland books appointments directly from her website for initial consultations. Sitting down and speaking with someone skilled in this area will alleviate many concerns and answer any questions you may have.
Depending on the outcome of the consultation and what company and policies you choose, the enrollment process will commence in alignment with that specific insurance company. However, partnering with Freeland Insurance Solutions gives you peace of mind as they will handle all of the details on your behalf.
In Summary
Don’t let the size of your company stop you from offering small group health insurance to your staff. With all the options available, you will find the perfect solution for your business. Reach out to Dawn at Freeland Insurance Solutions today to start the process!
