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Small Business Health Insurance - Coverage for Your Employees Rochester MI

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!

Gene Wittstock
2000 Town Center
Southfield, MI
Service
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 Planning (Full Disclosure),Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Hourly Financial Planning Engagements,Fee Only Po

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All In One Insurance Agency, LLC
(248) 481-2253
3087 E. Walton Blvd.
Auburn Hills , MI
Alternate Phone Number
855-255-6663
Services
Business Insurance, Work Comp, Auto, E&O, Home , Auto & More.

Steinberg Insurance Agency
(248) 723-5090
PO Box 252144
West Bloomfield, MI
 
Integra Insurance Agency, Inc
(248) 436-4701
24655 Southfield Rd.
Southfield, MI
 
Adam Walsh
28411 Northwestern Hwy
Southfield, MI
Company
Company: Michigan Financial Companies
Type
Investment Advisor Rep: Yes
Education
Bachelors of Business Administration in Personal Financial Planning from Western Michigan University in 2004
Years Experience
Years Experience: 7
Service
Portfolio Engineering,Pension for Highly Compensated Owners,Stock Market Alternative,Wealth Management,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,High Yield Bank Accounts,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Disability Insurance,Retirement Pla

Data Provided by:
Adam Walsh
28411 Northwestern Hwy
Southfield, MI
Company
Company: Michigan Financial Companies
Type
Investment Advisor Rep: Yes
Education
Bachelors of Business Administration in Personal Financial Planning from Western Michigan University in 2004
Years Experience
Years Experience: 7
Service
Portfolio Engineering,Pension for Highly Compensated Owners,Stock Market Alternative,Wealth Management,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,High Yield Bank Accounts,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Disability Insurance,Retirement Pla

Data Provided by:
All In One Insurance Agency, LLC
(248) 850-4020
3297 Orchard Lake Rd.
Keego Harbor, MI
Alternate Phone Number
248-850-4020
Services
Michigan Business Liabiliy Insurance Quotes

All In One Insurance Agency, LLC
(248) 292-0856
1301 Briarwood Dr.
Waterford, MI
 
Insurance Max
(313) 893-0000
2958 E 7 Mile Rd
Detroit, MI
 
Gene Wittstock
2000 Town Center
Southfield, MI
Service
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 Planning (Full Disclosure),Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Hourly Financial Planning Engagements,Fee Only Po

Data Provided by:
Data Provided by:

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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Michigan State Mandated Health Insurance Coverage

Medical insurance benefits that insurers must provide include: alcohol/substance abuse, ambulance transportation services, birthing center/midwife, breast reconstruction, dentist, dependent coverage (including newborns, disabled dependent adults), chiropractor, diabetes (self-management and supplies), emergency room service, hospice care, mammography, maternity minimum stay, mental health, midwife (lay and nurse), off-label drug use, optometrist, oral surgeon, physician assistant, podiatrist, psychologist

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