Question 1

What are the advantages of giving your employees benefits?

Accepted Answer

Employee benefits provide your employees with resources to remain healthy and productive.  
Recruit and retain employees.  
Creates a positive culture and morale of caring.  
Tax advantages – for both you and your employees.
Reduce turnover

Question 2

Am I required to provide my employees with health insurance?

Accepted Answer

The Patient Protection and Affordable Care Act (PPACA) requires an employer with 50 or more employees to either offer employees health insurance or pay a fee.

Question 3

How many employees does it take to have a group health plan?

Accepted Answer

If you are the only one who works at your company, you’re actually a sole proprietor and don’t qualify for small business group health insurance (even if you take a salary and consider yourself an employee). If you are sole proprietor, you will need to look into options for individual/family health insurance. This is also the case if you and your spouse are the only employees of the company. However, you may enroll your spouse as your dependent if you qualify for small business group health insurance because you have at least one other unrelated, full-time employee who participates in the plan.

Question 4

How much of the cost will I have to pay?

Accepted Answer

Generally, the employer must contribute at least 50% of the employee premium, but is not required to contribute to the cost of the dependent coverage.

FAQ

Questions you might consider as the Employee

Does the company you work for offer health insurance?

Will it cover members of my family as well as myself?

How much of the premium costs will I have to pay? How much will my employer pay?

Can I choose different levels of coverage?

If my employer doesn’t offer the benefits I need, where can I get help?"

Questions you as the business owner
or Employer might ask

What are the advantages of giving your employees benefits?

Am I required to provide my employees with health insurance?

How many employees does it take to have a group health plan?

How much of the cost will I have to pay?

Health Insurance – Individual and Family

Is there a penalty for not having health insurance?

What is the Affordable Care Act?

What is the Marketplace or Exchange?

What is a short-term medical policy?

What is the difference between an HMO and a PPO plan?

What is a Health Savings Account?

Can I be denied for pre-existing illness?

When is Open Enrollment?

Senior Solutions

When do I need to sign up for Medicare?

How do I sign up?

What is the difference between a Medicare Supplement (MEDIGAP) plan and Medicare Advantage?

What is the late enrollment penalty?

Donut hole?

Can I enroll anytime?

FAQ

Questions you might consider as the Employee

Does the company you work for offer health insurance?

Will it cover members of my family as well as myself?

How much of the premium costs will I have to pay? How much will my employer pay?

Can I choose different levels of coverage?

If my employer doesn’t offer the benefits I need, where can I get help?"

Questions you as the business owner or Employer might ask

What are the advantages of giving your employees benefits?

Am I required to provide my employees with health insurance?

How many employees does it take to have a group health plan?

How much of the cost will I have to pay?

Health Insurance – Individual and Family

Is there a penalty for not having health insurance?

What is the Affordable Care Act?

What is the Marketplace or Exchange?

What is a short-term medical policy?

What is the difference between an HMO and a PPO plan?

What is a Health Savings Account?

Can I be denied for pre-existing illness?

When is Open Enrollment?

Senior Solutions

When do I need to sign up for Medicare?

How do I sign up?

What is the difference between a Medicare Supplement (MEDIGAP) plan and Medicare Advantage?

What is the late enrollment penalty?

Donut hole?

Can I enroll anytime?

Questions you as the business owner
or Employer might ask