Small Business Health Plans Offer Big Savings Now
Cost and Savings Potential
The cost of small business health plans varies based on factors such as location, the number of employees, and the selected plan type. On average, small businesses pay between $400 and $500 per employee per month for health insurance3. However, by leveraging group purchasing power and tax incentives, businesses can significantly reduce these costs.
Additionally, many insurers offer discounts for small businesses that implement wellness programs or enroll in multi-year contracts. These incentives can further lower premiums and enhance the overall value of the health plan.