Small Business Health Insurance Trends 2019

Small Business Insurance

The majority of Americans rely on small business health insurance to get the coverage they need. Unfortunately, too many small businesses fail to offer the right coverage options. In fact, in a survey of firms with between 3 and 9 employees, only 44% of those small businesses offered any health benefits. That’s bad news considering that small businesses make up the majority of businesses in the United States. Luckily, things are looking up. Despite the complicated and confusing insurance landscape of today, new trends are taking over that make small…

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Health insurance study reveals the true feelings of employers

health insurance for small business

The results of recent research provide insight into the way that companies feel about providing coverage to workers. Even though the cost of medical care has been continuing to rise and the pressure from the Affordable Care Act is ever present in the air, employers continue to think of health insurance for their employees as a high priority. The health care reform has added some new requirements that will be impacting many smaller businesses. The study results have indicated that while the priority of employee health insurance remains high, the…

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Self insurance option opens up with startup launch

Health Insurance Expense

Collective Health, from Silicon Valley, is hoping to help mid-sized employers to save money. A new Silicon Valley Startup, Collective Health, is now claiming that it will be able to assist medium size employers in saving money through the use of self insurance, instead of paying higher premiums for group health plans from traditional insurers. The key to the design of the program by the startup is in the software it has developed for covering workers’ costs. According to Collective Health, it has come up with a form of software…

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Small business health insurance exchange may be coming to Mississippi

Health Insurance Mississippi

Mississippi commissioner has plans for a state-run health insurance exchange Mississippi Insurance Commissioner Mike Chaney has a new plan concerning the state’s health insurance exchange. Chaney was recently involved in a controversial political battle with the state’s Governor regarding compliance with the Affordable Care Act and how the state’s exchange system should be formed and managed. Chaney had initially intended to run the state’s health insurance exchange himself, without the support of Governor Phil Bryant. This plan was rejected by the federal Department of Health and Human Service, but Chaney…

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How the New Health Insurance Laws of 2014 Will Affect Businesses

Small Group Health Insurance

Health care has always been a hot topic. Historically health insurance was too expensive for many smaller businesses and individuals to have. Unfortunately the failure to obtain that insurance could result in very high medical costs when hospital, doctor, or dental visits were required. The Affordable Health Care Act known by many as ObamaCare will come into full effect in January of next year. It is meant to reform health care as we know it. There will be many changes that businesses and employees should be aware of. Overall Health…

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