Articles Editor's Blog Reader Mail

Small Business Health Insurance - Coverage for Your Employees Hilo HI

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!

Crudele & De Lima Attorneys At Law
(808) 969-7707
101 Aupuni St Ste 133
Hilo, HI
 
Allstate Insurance Companies
(808) 935-3360
282 Ululani St Ste 1
Hilo, HI
 
Oda Alan
(808) 935-3360
282 Ululani St Ste 1
Hilo, HI
 
Mutual Underwriters
(808) 969-1110
275 Ponahawai St Ste 105
Hilo, HI
 
State Farm Insurance Companies
(808) 935-3375
9 Lei St
Hilo, HI
 
Business Insurance Services Inc
(808) 935-1888
80 Pauahi St Ste 206
Hilo, HI
 
Hawaii Insurance Consultants
(808) 961-4751
196 Kamehameha Ave
Hilo, HI
 
State Farm Insurance
(808) 935-4455
274 Waianuenue Ave
Hilo, HI
 
American Mutual Group
(808) 969-1688
688 Kinoole St Ste 101
Hilo, HI
 
Ichinose Cary C
(808) 933-8500
630 Kilauea Ave Ste 102
Hilo, HI
 

Small Business Health Insurance - Coverage for Your Employees

Provided By: 

Small Business Health Insurance

Own a 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.

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, ...

Click here to read the rest of this article from Insurance Guide 101

Hawaii State Mandated Health Insurance Coverage

Medical insurance benefits that insurers must provide include: alcohol/drug abuse treatment, breast reconstruction, contraceptives, dependent coverage (including newborns, adopted children, disabled dependent adults, domestic partner, civil union), diabetes (self-management and supplies), emergency room service, family therapist, hospice care, in vitro fertilization, mammography, massage therapist, maternity minimum stay, mental health, nurse, PKU/metabolic disorder, psychologist, well child care

About Us | Contact Us | Link to Us | Privacy Policy | Terms of Use | Insurance Resources | Sitemap