Small Business Health Insurance: How Small Is Small?

Small Business Health Insurance, Indigo Partners, How Small is Small

Small business health insurance is not just a financial investment; it’s an investment in the well-being of your employees and the success of your business. By providing access to quality healthcare, you can attract and retain talented employees, boost productivity, and ensure your business remains compliant with relevant regulations. Small businesses are the backbone of our economy, providing jobs and essential services to communities across the globe. While they face a myriad of challenges, one critical aspect often overlooked is small business health insurance.

In the world of business, size matters. It affects everything from your tax liabilities to your eligibility for government grants and loans. Yet, the definition of a small business can vary depending on the context. Insurance companies and government agencies, for instance, have different criteria for categorizing businesses as “small.” A small group is considered 2-99 full time employees for health insurance platforms. While insurance companies primarily focus on factors that affect risk and coverage, government agencies take a more holistic approach, considering industry specifics, economic impact, and eligibility for assistance programs. It’s essential for small business owners to be aware of these distinctions, as they can impact everything from insurance premiums to access to government resources and opportunities. Understanding these definitions can help business owners navigate the complex landscape of regulations and policies that affect their operations.

There are fewer options for small business health insurance plans than larger companies but there is hope! At Indigo Partners, we offer plans that start at less than $200 per employee per month. Our experience and expertise ensures that your company is matched with the best group health insurance plan for you and your employees. By offering several different national network options including medical insurance, dental insurance, vision insurance, life insurance and disability insurance, we make sure you are matched with the best, most affordable insurance benefits package available so your company can grow and succeed.  Contact us today to get a quote on a group health insurance plan that fits your business needs!

 

 

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