The impact of COVID-19 has made healthcare for small business owners and their employees a greater priority than ever before. Like many, you’re probably now looking at the group health benefits landscape and having difficulty identifying which options are right for your team. This is terrain National General Benefits Solutions knows well – let us guide you.
Faced with the intricacies and nuances of traditional health insurance – from its terminology to the laws that sit behind it – you may be asking yourself a lot of questions.
Managing your health benefits for your people can be a daunting task.
What you’re looking for is a balance between having enough control over the cost and management of your group health benefits, and enough time to focus on what you do best: make a success of your small business.
This is precisely where the National General Benefits Solutions Self-Funded Program for group health benefits fits in.
With the National General Benefits Solutions Self-Funded Program you get to capitalize on the benefits of a self-funded program, and with us as your Program Manager to make sure all of the components of your plan are working together smoothly for you – you can focus on what you do best, your business.
The ACA requires companies employing 50 or more full time employees (and/or full-time equivalents) to provide health coverage. But what about a company with only a handful of employees? This is where evaluating and deciding on the health insurance option that is best for you, your people and your bottom line can seem like a daunting task. So before you do anything else, start by carrying out a needs assessment of your company and its people.
Look first at the general health requirements typical of the sector you’re in. Think about what your employees do and how and where they do it (more of us are working remotely these days, bringing additional or new health challenges). Then consider what their health coverage needs are and what you and your employees can afford.
Defining ‘best’ is tricky, as this will vary depending on any number of factors. What’s best for one organization won’t necessarily be so for another, even within the same industry.
So once more, what you’re aiming for is a question of balance: right spread of benefits and provision to satisfy the needs of the larger part of your team, delivered at a price that’s comfortable both for your business and your people.
Give some thought to your small business’ health plan needs. Then get a fast, free, no-obligation quote for your company.