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New Options in Small Business Health Insurance

WSJ:

Small-business owners who concluded a few years ago they couldn’t afford health insurance for their workers may want to take another look.

Insurers are offering more varied plans that include less-expensive options. Nonprofit groups and legislators have paved the way for small companies to band together in purchasing cooperatives to get lower rates. A handful of states now offer subsidies and credits to small businesses that offer health insurance — and others have begun levying fines on those that don’t.

Via Jeff Cornwall. Photo by johnnyalive.

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  • In Canada the Chambers of Commerce across the country offer affordable health insurance which provides Optical, Dental and Long term disability coverage as well as coverage for chiropractors, massage therapists and the like. Joining a large group offers the best benefit for small business that would need otherwise be able to afford such insurance.

  • It’s about time. Health insurance is so expensive and is often what prevents many people from becoming completely self employed. They rely on their employer for insurance.

  • I think inevitably the market will straighten this out. The reality is that if small entrepreneurship/sub-contracting increases it respresents a viable market insurance companies will be unable to ignore.

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