Ways To Save Money On Small Business Health Insurance (Sponsored By EmblemHealth)
It’s not easy being a small business owner, especially when you have to figure out everything that goes along with providing health insurance for your employees. Plans keep changing. Questions keep going through the owner’s heads: “Would the employees be better off getting insurance individually? Is it worth it? There has got to be a simpler way!” As a result, while some small business owners have found secure coverage, many have opted out and offer no coverage for their employees, instead sending their employees to the individual market place.
What a lot of small businesses don’t know (but should) is that The Affordable Care Act also introduced the Small Business Health Options Program (SHOP), also known as the Small Business Marketplace in New York. It was created specifically for small businesses with employer tax credits not offered through the individual exchange.
To help make it easier EmblemHealth launched a Health Care Reform Hub offering everything a small business owner needs to know about SHOP and offers a Tax Calculator to help business owners determine the tax credits that their business might be eligible for.
Key Points:
1. Easy Enrollment
Any company that has fewer than 50 employees* and a primary business address in the state of New York is eligible for small business health insurance.
2. Tax Benefits
Does your business qualify? Check!
3. Ability to Control Costs.
Ability to choose you plan to match your budget.
4. Flexibility for Your Employees
Four plan levels allow you to choose premium and out of pocket cost. Great for employees!
Learn more about SHOP and the options available for your small business.
This post is provided by and paid for by EmblemHealth. If you’d like to reach tens of thousands of your neighbors, please contact us!