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Group Health Insurance for Small Businesses Hazelwood MO

Even better, group insurance has tax advantages too. Employer contributions to a small business dental and health insurance plan are generally 100% tax deductible for the employer and employees will likely save on payroll taxes. Everyone wins!

Carl Goodin
300 Ozark Trail Drive, #215
Ellisville, MO
Company
Title: CFP
Company: Financial Planning Associates, Inc.
Type
Investment Advisor Rep: Yes
Education
University of Missouri, BMED 1973
Webster University, MAFE (Not completed)
College for Financial Planning, CFP 1989
Years Experience
Years Experience: 25
Service
Asset Protection Strategies & Planning,Hourly Financial Planning Engagements,Medicaid,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Individual Income Tax Planning,Medicare Planning,Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planni

Data Provided by:
Gateway Insurance Solutions
(800) 930-9832
15722 Cotting
St. Louis, MO
 
St Louis Health Quotes.Com
(314) 739-5800
34 Muirfield Hill Ct South
St Charles, AK
 
GatewayHealthPlans.com
(636) 928-2100
34 Muirfield Hill Ct S
St Charles, MO
 
My Guy Oscar.com
(636) 391-3600
267 Clarkson Executive Park
Ekkisville, MO
 
My Kids Healthcare.com
(800) 930-9832
, MO
 
United Insurance Group
(314) 629-6183
7 McClay Village Circle
St. Peters, MO
 
Gateway Health Plans
(314) 793-5800
34 Muirfield Hill Ct s
st Charles, MO
 
New Custom Homes
(314) 799-4288
300 S.Grand Blvd.ste.#302
St.louis, MO
 
877 My Insurance
(314) 368-9125
14575 Manchester Rd
Manchester, MO
 
Data Provided by:

Group Health Insurance for Small Businesses

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Group Health Insurance for Small Businesses

Small business? Do you have between 2 and 50 people in your organization? With as few as two you may qualify for a group dental or health insurance plan.

Small business dental and health insurance has many benefit's. Besides providing medical care for yourself and your employees, a group insurance plan helps spread the financial risk between all the members. Most of the time, this will mean lower premiums and better coverage for the individuals in the group.

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Even better, group insurance has tax advantages too. Employer contributions to a small business dental and health insurance plan are generally 100% tax deductible for the employer and employees will likely save on payroll taxes. Everyone wins!

How does this group insurance work? A small business dental or health insurance plan provides it's members with a set policy coverage. Individual employees may be able to add policy riders and additional coverage to fit their specific needs, but the basic policy format will remain the same for everyone in the group.

Likewise, although small business dental and health insurance comes in a variety of shapes and sizes (fee-for-service, HMO, DHMO, PPO, POS to refer to the most common), the format your organization chooses will apply to all members. Given this, it makes sense to talk to your employees and determine if the group as a whole has a preference for the type of dental or health plan chosen. There are pros and cons to each one.

Remember that group health or dental insurance cannot be made compulsory. However, you may have to maintain a minimum number of participants in order to guarantee coverage. This is where getting the feedback of your employees regarding their preference can really help in maintaining the plan.

Will you company be able to afford this? Well, group dental or health insurance is less expensive than the cost of a bunch of individual policies added up, but it's not cheap. As the employer, you will have to be prepared to pay some percentage of an employees premium. This could be as high a...

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Missouri State Mandated Health Insurance Coverage

Medical insurance benefits that insurers must provide include: alcohol/drug abuse treatment, ambulatory surgery centers, audiologist, blood lead poisoning screening, bone marrow transplant, bone mass measurement, breast reconstruction, cervical cancer/HPV screening, chiropractor, clinical trial (cancer), colorectal cancer screening, contraceptives, dental anesthesia, dentist, dependent coverage (including newborns, dependent students/adults, disabled dependent adults), diabetes supplies, emergency room service, family therapist, hair prosthesis, mammography, marriage therapist, mastectomy (including minimum stay), maternity (including minimum stay), mental health, newborn hearing screening, nurse practitioner, off-label drug use, optometrist, PKU/metabolic disorder, podiatrist, prostate cancer screening, psychologist, second surgical opinion, speech therapist, well child care

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