Small business Health Insurance
In the United States, health insurance is a critical factor in retaining and recruiting employees for small businesses, as well as maintaining productivity and employee satisfaction. The best options available for a small business owner are
Self Employed or Solo Entrepreneurs
For any individual who is self-employed (or solo entrepreneur) can go for a private individual health insurance plan. The selected insurance plan should satisfy your own health-related needs (and those of your dependents). You can check out for any health insurance provider or marketplaces and choose the best plan.
Small Business Health Options Program (SHOP)
Small Business Health Options Program, also called SHOP, is an insurance marketplace owned by the state or with the help from the federal government. You must have 2-50 employees (up to 100 in Virginia) to get eligible for SHOP.
Private Health Exchanges
Private health exchange or purchasing alliance is a privatized version of a SHOP marketplace. Business can work with a private health exchange by paying a certain amount per employee based on the coverage offered. There are no tax credits available for Private Health Exchanges.
You can save big if you purchase the coverage directly. When compared to other options this can be a time-consuming task. You can contact an agent or health insurance service providers for the same.
When it comes to shopping for a small business group health insurance plans can consume a lot of time and energy. We will help to get connected with the top health insurance experts who can make the simple. Call 888-883-0929 and get a free small business insurance quote today.
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Disclaimer: findhealthins.com is not an insurance company. Once you submit your information, findhealthins.com may instantly match you with local agents who can offer free health insurance quotes based on your requirement and eligibility.
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