Small Business Health Plans Offer Big Savings Now

There are several types of health plans available to small businesses, each with unique benefits:

• Health Maintenance Organizations (HMOs): These plans offer lower premiums and require members to use a network of doctors and hospitals.
• Preferred Provider Organizations (PPOs): PPOs provide more flexibility in choosing healthcare providers and do not require referrals for specialists.
• Exclusive Provider Organizations (EPOs): EPOs combine features of HMOs and PPOs, offering lower premiums while allowing some out-of-network care.
• High Deductible Health Plans (HDHPs): These plans have higher deductibles but lower premiums, often paired with Health Savings Accounts (HSAs) for tax-free savings.

Each plan type has its advantages, and the best choice depends on your business's specific needs and budget constraints.