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?

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?

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?

As an alternative to traditional, Affordable Care Act (ACA) health plans, Blue Cross and Blue Shield of Kansas offers BlueEdge level-funded plans. Designed for small to midsize businesses with 3-100 employees, level-funded plans are designed to help you share in the savings good health brings. Cost control for your business. Basically, level-funded means your payment is capped at a set amount and allows your business … Continue reading Is a level-funded plan a good choice for my small business?