Affordable health care solutions for small business

Small businesses have several health insurance options, including, group health insurance, health reimbursement arrangements (HRAs), self-funded health insurance plans, and plans through the Affordable Care Act’s (ACA) Small Business Health Options Program (SHOP).

There are several ways to approach selecting a health insurance plan for your business. Your steps might include assessing employee needs, evaluating available plan options, consulting with experts, and regularly reviewing and assessing your plan to make sure it continues to meet your needs.

Yes. Small businesses with just a few employees can offer health insurance. Self-employed individuals can also investigate health insurance options for their own coverage.

Options like group health insurance and plans available through the ACA’s SHOP marketplace are designed to accommodate small businesses, including those with as few as one employee. There are also many insurance providers that offer plans specifically for small teams.

The cost of small business health insurance varies widely. It is often based on several factors which could include the type of plan, number of employees, employee demographics, and location. On average, employers could expect to pay between $200 and $600 per month per employee.