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Small Business Health Insurance - Coverage for Your Employees Magna UT

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!

A S A Insurance
(801) 486-7463
28 East 2100 South
Salt Lake City, UT
 
Leavitt Insurance Group Of Salt Lake Inc
(801) 303-0777
470 E 3900 S
Salt Lake City, UT
 
Pugmire Insurance
(801) 262-7500
922 E 3900 S
Salt Lake City, UT
 
Business Insurance Designers
(801) 562-1709
6788 S 1300 E
Salt Lake City, UT
 
Poulton Insurance Services Inc
(801) 484-4477
2137 E 3300 S
Salt Lake City, UT
 
Workers Comp Fund of Utah
(801) 288-8708
392 East 6400 South
Murray, UT
 
Wml Insurance Agency
(801) 484-3253
838 E 3300 S
Salt Lake City, UT
 
Advisoragency.com
(801) 485-8623
3191 Valley St
Salt Lake City, UT
 
Coleman Insurance
(801) 466-1554
2102 E 3300 S
Salt Lake City, UT
 
American Family Insurance
(801) 228-9820
344 W. Center St
Provo, UT
 

Small Business Health Insurance - Coverage for Your Employees

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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, ...

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Utah State Mandated Health Insurance Coverage

Medical insurance benefits that insurers must provide include: alcohol/substance abuse, anti-psychotic drugs, breast reconstruction, cleft lip and palate, dependent coverage (including newborns, adopted children, noncustodial children or stepchildren, dependent students/adults, disabled dependent adults), diabetes self-management and supplies, emergency room service, licensed health professional, maternity minimum stay, mental health, PKU/metabolic disorder, podiatrist, psychologist, psychotropic drugs, well child care

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