Articles Editor's Blog Reader Mail

Small Business Health Insurance - Coverage for Your Employees Jefferson City 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!

Kevin Adam
2415 Carter Lane
Columbia, MO
Company
Title: MBA
Company: Forward Financial, LLC
Type
Investment Advisor Rep: Yes
Education
University of Kansas/Economics
University of Missouri/MBA
Years Experience
Years Experience: 17
Service
Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Business Income Tax Planning,Fee-Only Comprehensive Financial Planning,Captive Insurance,Life Settlements,Pension for Highly Compensated Owners,Stock Market Alternative,Reverse Mortgage,Medicare Planning,Health Care Insurance,Retirement Planning,Real Estate Investment Planning,Commission-Only Financial

Data Provided by:
Estal Insurance & Financial Services
(417) 334-3983
110 Business Park Dr
Branson, MO
 
Employer Advantage Advantage
(417) 782-3909
1230 E 7th St
Joplin, MO
 
Allstate Insurance
(417) 334-5115
201 Buccaneer Dr
Branson, MO
 
American Family Insurance
(314) 770-1900
12131 Dorsett Rd
Maryland Heights, MO
 
American Family Insurance
(417) 588-3261
98 N Jefferson Ave
Lebanon, MO
 
American Family Insurance- Kari Leslie (Peterson)
(314) 205-2050
11705 Dorsett Rd
Maryland Heights, MO
 
Tagge Assurance Group LLC
(417) 886-7777
3051 S Kimbrough Ave
Springfield, MO
 
Mills And Sons Insurance
(417) 532-8860
601 N Jefferson Ave
Lebanon, MO
 
Apac
(417) 332-0184
706 Expressway Ln
Branson, MO
 
Data Provided by:

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

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

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