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Small Business Health Insurance - Coverage for Your Employees Spanish Fork 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!

1st National Holdings, Inc
(801) 400-6473
2704 East Canyon Crest
Provo, UT
 
Colonial Life
(801) 373-7283
398 North University
Provo, UT
 
New York Life Insurance
(801) 373-5926
3305 North University Ave
Provo, UT
 
MillerWade Group
(801) 377-1990
3311 N. University Ave. # 275
Provo, UT
 
Monson Insurance
(801) 226-3000
812 South State Street
Orem, UT
 
State Farm Insurance- Agent
(801) 358-6929
1180 West 2400 South
Mapleton, UT
 
National Foundation for Asset Protection
(801) 375-4290
808 E. 1910 S., Suite
Provo, UT
 
State Farm Insurance- Craig Baugh
(801) 344-5400
2255 N. University Pkwy
Provo, UT
 
Morgan Title & Escrow, Inc
(801) 753-7700
202 East 800 South Suite 101
Orem, 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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