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3 Things to Consider When Choosing Employee Health Insurance

Employee Benefits

Part 1 of Making Employee Benefits More Affordable

If you're thinking of offering health care benefits to your employees, consider these factors. First, you could potentially save on recruiting and training costs by offering a comprehensive benefits package. Second, certain employee benefits can offer tax savings for employers. Third, group health insurance with plan options that cost less than traditional indemnity policies and HMOs are available to businesses with as few as one employee. Also, the Small Business Health Care Tax Credit under the Affordable Care Act helps small businesses afford the cost of covering their employees.

Watch this video for more about the Small Business Health Care Tax Credit and other considerations when choosing employee health insurance. Then watch our related videos for the rest of our e-book, 7 Questions Every Small Business That Hires Employees Will Have to Answer.

Part 2 - Section 125 Plans

This website contains articles posted for informational and educational value. Paychex is not responsible for information contained within any of these materials. Any opinions expressed within materials are not necessarily the opinion of, or supported by, Paychex. The information in these materials should not be considered legal or accounting advice, and it should not substitute for legal, accounting, and other professional advice where the facts and circumstances warrant.
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