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Meeting Your Small Business Insurance Needs Jun 11

If you need health insurance for your small business, here are some things that may help you find the best health insurance plan for your business.

Before you decide on a health insurance plan, remember that in most states you can only qualify for small business health insurance if you have between 2- 50 employees. If you are self employed and have no other employees, you will want to consider buying an individual health plan for the self employed.

 

There are many advantages to a small business health insurance plan. Small business health insurance:

 

  • Provides health care for you and your employees.
  • Has certain tax advantages. (Employer contributions are typically 100% tax deducitble.)
  • Spreads risk between all members of the plan.

 

Before you purchase a small business health insurance plan, consider the following:

 

  • The amount of coverage you will need
  • State laws regarding small business health insurance
  • Rates offered by different insurance companies

 

Make sure you shop around and compare small business health insurance plans from a variety of companies before buying to make sure you are getting the best rates avaiable.

 

Category: Business, Insurance
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