Why Offer Health Insurance to Employees
Before enrolling in small group health insurance, employers want to know: Will the benefits outweigh the costs? Here are four reasons to offer coverage through beWellnm for Small Business:
- Retain employees. Offering employee health insurance may help attract and retain valuable workers. That saves money on recruiting and training.
- Reduce absenteeism.Employees with insurance may be more likely to take advantage of preventive care and screenings. That can help keep employees healthy and on the job.
- Boost morale.Providing health insurance shows your commitment to the health and well-being of employees and their families. In return, employees may feel a greater sense of security and loyalty.
- Gain tax advantages.Employers can take a tax deduction for the cost of health insurance premiums paid on behalf of employees. In addition, employers with fewer than 25 FTE (full-time-equivalent) employees may be eligible for small business health care tax credits.