Advantages of Group Health Insurance For Small Business and Home Business

Almost all business owners in the US think about the costs of health insurance, and small business health insurance is a particular hot spot! Many well meaning small business owners have to balance the rising costs of a group health plan against the benefit that it gives to their employees and business.

A great article on Mini Biz outlines the risks and rewards of group health, some alternative solutions, and how you can find out what the best plan would be for your own company.

Advantages include the ability of group health to attract and retain quality, loyal employees. Disadvantages include administration and cost. Most employees will want a good at-work health insurance plan unless they have coverage from a spouse. However, group health insurance is not the only way to help employees find coverage.

Another good website for information about business health insurance is the BusinessInsuranceStore.com.