Small Business Private Health Insurance Plan
Small Business Private Health Insurance Plan
Choosing Health Insurance For Small Business
While 99 percent of large companies offer health benefits, the number falls to 49 percent for companies with three to nine employees, according to a 2008 survey by the Kaiser Family Foundation and the Health Research & Educational Trust.
That’s no surprise when you look at the numbers. Health premiums for small business plans have doubled in the last eight years, according to the National Federation of Independent Business. And for smaller companies, those dollars comprise a larger share of their revenues. On top of that, small businesses pay an average of 20 percent more for their health insurance, says Amanda Austin, senior manager of legislative affairs with the federation.
Small Business Private Health Insurance Plan
More and more small business owners are looking for alternatives to the high costs of providing group health insurance benefits to their employees. Many are looking at getting rid of their group plan and replacing it with private insurance policies on each of their employees.
The private health insurance alternative has several advantages:
- Lower premium cost – typically 20-40% savings
- Each employee chooses a plan that suits them best
- Add optional benefits like dental and supplemental accident as needed
- Employer is out of the insurance business and can decide if they want to increase pay or grow business with the savings.
Health Insurance For Small Business In Arizona
whether or not private health insurance plans are right for your company or if it is best to stay with small business group health insurance, allow us to assist you in determining with our free no obligation assessment. Contact us today at 602-510-7507 or info@iqhsa.com.
Best Small Business Health Insurance Rates
If you decide you need your own self employed health insurance plan, check out our online quote engine at IQHSA.com. This online resource lets you compare dozens of health insurance plans that are available in your area with just a few keystrokes, and even provides information about the insurance companies’ financial health.
IQHSA.com offers the best in affordable health insurance for self employed plans at the guaranteed lowest rates available.