How many employees do I need to qualify for small group health insurance?

Sometimes, small group health insurance can be more affordable than individual plans that offer the same benefits and coverage. Generally, the Affordable Care Act (ACA) considers businesses with 1 to 50 employees eligible for small group health coverage.  However, if you are a sole proprietor, you will need to buy coverage as an individual. To be eligible for small group coverage, your small business or … Continue reading How many employees do I need to qualify for small group health insurance?

Am I required to offer health insurance to all my employees?

While you are not required to offer health insurance to all your employees and their dependents, it’s highly recommended you do so. Offering a comprehensive benefits package goes far to keep your employees healthy and happy, while providing you with tax advantages. Groups with fewer than 50 full-time employees are exempt from the ACA employer mandate. This mandate requires groups of 50 or more full-time … Continue reading Am I required to offer health insurance to all my employees?

How much must an employer contribute to the premium?

As a small business owner, you always have to strike a balance. While you know that a competitive benefit package is important to attract and retain talent, you also must work within a tight budget, and often, with limited resources. You have valid concerns about the expense and the long-term sustainability of providing your employees with health insurance. What should you do when health insurance … Continue reading How much must an employer contribute to the premium?

How affordable is it to offer small group health insurance?

It’s no secret—health insurance is expensive. The good news is there are easy ways to make it more affordable. Plus, by not providing health insurance to your employees, you may pay a steeper price. That’s because the U.S. job market is facing a wave of workplace turnover. Data show one in four workers quit their jobs in 2021. It’s likely many of your employees are … Continue reading How affordable is it to offer small group health insurance?

Is my small business eligible for a health insurance tax credit?

As a small business, you want to attract and retain top talent. But you also know how costly it can be to offer a competitive benefit package. You should know that the Affordable Care Act (ACA) offers a significant tax credit to small employers who meet certain criteria. If you qualify, the Small Business Health Care Tax Credit may be worth up to 50 percent … Continue reading Is my small business eligible for a health insurance tax credit?

The power of purpose

Finding your purpose in life is a process—but one that science says is well worth it. Researchers recently found that when people feel like their lives have meaning, they tend to live longer. Looking at the Facts Growing evidence indicates that having a strong purpose improves both your physical and mental well-being. Now, this new study links sense of purpose with an increased lifespan and … Continue reading The power of purpose

PTSD awareness month

Post-traumatic stress disorder (PTSD) is a mental health condition that can develop after someone experiences a traumatic event or witnesses one. Below is information about recognizing the signs of PTSD and tips for prevention. What causes PTSD? Events that can lead to PTSD include military combat, childhood abuse, sexual violence, physical assault, an accident or natural disaster, loss of a loved one or working in … Continue reading PTSD awareness month

Raising awareness, celebrating achievements of the LGBTQIA+ community

June 2022 marks the 52nd celebration of Pride Month – Blue Cross and Blue Shield of Kansas (BCBSKS) encourages the inclusion of all employees. We are recognizing Pride Month by changing our logo to the six rainbow colors that represent the LGBTQIA+ community.   “The Pride logo is a testament to the LGBTQIA+ community, that BCBSKS sees and hears them and recognizes their contributions to society. … Continue reading Raising awareness, celebrating achievements of the LGBTQIA+ community