In early September, the Senate was greeted upon their return from summer vacation by a lengthy to-do list. One of the items on the agenda is the Small Business Healthcare Relief Act (SBHRA) (S.3060) - a bill that would bring back stand-alone HRAs for small businesses. The House passed the bill in June (H.R.5447), so it is now in the hands of the Senate. If passed, the SBHRA would have significant impact on small businesses in America. Here’s why Obama and Congress should pass the legislation.
Business owners often ask how they can measure, then improve employee retention. There are many innovative ideas out there, but one frequently left off the list is an employee net promoter score (eNPS) survey. Anonymous eNPS surveys can be an excellent way to figure out how your employees truly feel about your company — and why they feel the way they do.
With open enrollment season upon us, small business owners all over the nation are looking to start, renew, or change health benefit options for the coming year. To help your team understand the trends in small business health insurance in 2017, here are ten quick facts.
There’s no denying the fact that employee benefits are changing dramatically in this country. Time and time again, studies have shown that employers are steadily contributing a smaller percentage to healthcare costs. Deductibles are skyrocketing, health savings accounts (HSAs) are increasing in popularity, and options for individual insurance and retirement accounts are not only more numerous, but more prominent.
Over the past 10 years, health insurance costs have increased steadily. The big question is how these changes affect American workers and what that means for health insurance options. Recently, the Kaiser Family Foundation (KFF) released their annual Employer Health Benefits Survey, offering insight into the effect of rising healthcare costs on employers and employees alike.
It can be confusing to plan your small business health insurance budget if you have employees with different types of coverage. For example, you may have employees who are on their spouse’s insurance, on a parent’s policy, or have an individual policy they purchased on their own. In these FAQs, we answer common questions about small business health insurance options when employees have multiple coverage options.
As healthcare costs steadily increase, the cost of employee benefits is a common concern among business owners. Many are cutting back on the percentage of insurance premiums they pay, while others are switching to high deductible plans.
Traditionally, full-time workers are accustomed to getting their health insurance through their employer. For people who are self-employed, work as 1099 contractors, or work part-time, health insurance options are a bit more complicated, but they are certainly not impossible, especially if you are willing to think outside the box.
It can be difficult at times to determine what percentage of health insurance costs you should cover for your small business. Choosing a percentage means that the exact amount will vary from year to year. This leaves many small business owners wondering what benchmarks they should follow — and other options available to them.
Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. Zane Benefits, Inc. does not sell health insurance.