No matter the size of the business that you operate, there are a number of employee benefits that are important to try to offer your team. Business health insurance is perhaps one of the most important of these employee benefits in Beckley, Charleston, WV, Huntington, WV, Morgantown, Parkersburg, and the surrounding areas. At Mark E. Snapp & Associates we have been helping businesses of all sizes provide quality business health insurance options that will help you to retain the team you already have while attracting the quality talent you need to continue growing the company. Contact our team today to learn more.
Who Needs To Provide Business Health Insurance
Not all businesses are required to provide health insurance for their employees. If a business has less than 50 employees they are not required by law to provide health insurance, however they may want to do so even with less than the required number. This is because business health insurance as a part of the employee benefits offerings can be a major factor in the satisfaction levels of your current team.
Not only can providing health insurance to your team be helpful in retaining them, it can also help your business to attract more quality talent to apply to your business when you have an opening. For most people who have the option to get health insurance from the place where they work, it is the best and cheapest option for them to have health insurance.
Tax Benefits For Everyone
In many cases when you offer business health insurance for your employees, everyone actually benefits in several ways. Having health insurance to help keep your team in better health is important as it means your team will miss fewer days due to illness. But your employees will also likely be able to see a tax benefits by paying their health insurance premiums with pre-tax dollars from their paychecks, lowering their income taxes.
There are tax benefits for the business as well based on a number of different aspects. This is why it is important to speak with the insurance professionals at Mark E. Snapp & Associates. We can help review your current situation and work with all of the different insurance companies that we represent to find you the best solution for business health insurance.
Offering health insurance to the team members in your business in Beckley, Charleston, WV, Huntington, WV, Morgantown, Parkersburg, and the surrounding areas has a number of benefits for your employees as well as your business. Whether you have questions or are ready to take action, contact our team at Mark E. Snapp & Associates today to get the process started.