Small Business Health Plans Offer Big Savings Now
The Benefits of Small Business Health Plans
Offering health insurance can significantly enhance your business's appeal to potential employees. A comprehensive health plan not only attracts top talent but also boosts employee retention and satisfaction. According to a study by the Kaiser Family Foundation, nearly 50% of small businesses offering health insurance reported improved employee retention rates1.
Moreover, small business health plans often come with tax advantages. Employers can deduct the cost of premiums, and in some cases, qualify for tax credits under the Affordable Care Act (ACA)2. This dual benefit of cost savings and tax incentives makes offering health insurance a financially sound decision.