Small Business Health Insurance is usually the second most costly item for businesses with under 100 employees. There is a lot of misinformation about Small Business Health Insurance as well. Many employers think that they have to pay for a majority of the cost of the Small Business Health Insurance, when in reality, they are only responsible for a small portion of the monthly cost for the solo employee….not their family. Small Business Health Insurance can be a huge attraction for potential employees. Besides wages, the Small Business Health Insurance is the most popular benefit that people look for in employment. If you have a good Employee Benefit package, it is a great way to attract and retain good employees. https://www.brauerinsurance.com/employee-benefits/
Ways to attract and retain good people using Small Business Health Insurance
There are tons of ways to strategize your Employee Benefits offering, which includes Small Business Health Insurance. Many companies are using the strategy of a higher deductible plan and then underfunding it with other quality supplemental benefits, https://www.brauerinsurance.com/our-unique-strategy/.
The strategy can be as simple as incorporating another type of insurance that helps insure your higher deductible. Many of these plans are affordable and make a huge difference when it comes to paying for a hospital stay, or other medical issues that come up unexpectedly. At Brauer Insurance, I use this strategy for our own employees. We have the same product that insures our deductible for our Small Business Health Insurance. We’ve used it several times as well. When my daughter had her two children, she had her whole Small Business Health Insurance deductible covered in full.
Small Business Health Insurance and affordable plans
With the Affordable Care Act (ObamaCare), there are only 4 types of health insurance plans now to choose from, Bronze, Silver, Gold, and Platinum. The Bronze plans are the ones that are the least expensive and usually the ones that are used in many Small Business Health Insurance strategies at Brauer Insurance. Call us and we can show you how other companies have been wildly successful with us. No sales job, seriously. If we end up never doing business….its ok. These strategies are not for everyone.
Steve Brauer-President, Brauer Insurance Services LLC