Health Insurance Brokers - Ensuring The Best Benefits For Your Company
As an employer, you have many responsibilities to your staff. You need to maintain a hospitable workplace, encourage employee growth, and provide benefits to your full-time team members. The last of these is particularly important. Offering sufficient benefits isn’t just the right thing to do, it’s often legally mandated for employees who work at least 40 hours per week. Finding the right insurer to partner with and obtaining the best rate is a challenge, and it’s often overwhelming for big and small companies alike. If you are wondering what resources exist to help you with this process, you will likely be interested in the services of a health insurance broker—but what does a health insurance broker do? There are several ways such a professional can help you.
Employer Contributions to Health Insurance Employee Benefits
When creating employee benefits packages, there are two main factors that decide how much an employer contributes. The first is the minimum requirement. Businesses with 50 or more full-time employees are required to provide group health insurance benefits to their employees. Covered small businesses must contribute to at least 50% of the premiums. Larger businesses tend to pay more.
Is Employee Health Insurance Worth It?
Employee health insurance is a viable option if you have more than 49 full-time employees. The question you face is whether offering an employer-sponsored health plan is a good fit for your business. If you're not sure, there are eight questions you can answer that can point you in the right direction.
7 HR Compliance Dates to Know in the 2020 Calendar
The end of the year signifies many things for businesses, but especially the wrap up of another hopefully successful quarter. However, as every year comes to a close, it means new HR compliance deadlines to be aware of for the upcoming year. Therefore, to help organize your calendar, the professionals at Sackett & Associates Insurance Services have selected the seven most important dates of the 2020 calendar year.
Use These 10 Tips to Select Health Insurance
Have you selected your insurance coverage for 2020? If not, then you need to get on it because while open enrollment keeps getting extended for the Affordable Care Act compliance, the extensions won’t last forever. To help you narrow down your options, the professionals at Sackett and Associates Insurance Services have compiled a list of ten tips.
Key Terms Defined in Health Care Debate
Of the wealthy, developed nations in the world, the United States alone does not guarantee health care to its people. One in 10 Americans have no health coverage at all, and even for those who do have it, costs for health care are increasing. The United States' health care costs per capita is twice as much as other industrialized countries. Most Americans express support for plans to expand health coverage in public opinion polls. However, the health care debate has become somewhat muddied because the terms used to describe distinct proposals are often used interchangeably.