As a small business owner or HR professional, you've probably heard the buzz that most small businesses are changing to individual health insurance for employees. But what does this mean, and how would your business actually make the switch?
Here are five resources to help you understand why so many small businesses are changing to individual health insurance, and practical tips on how to transition employees.
1) 10 Reasons to Switch to Individual Health Insurance
This presentation outlines the top ten reasons small businesses are switching to individual health insurance.
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Many employees have never purchased their own health insurance coverage before and this may seem a bit overwhelming for them. Here is an overview on how to help your employees change to individual health insurance. >> Read more.
As you change employees to individual health insurance, you'll likely be setting up a Premium Reimbursement Program to reimburse employees for individual health insurance. This infographic outlines five steps for setting up a Premium Reimbursement Program the right way. >> Check out the infographic.
Many employers are looking for alternatives to traditional group health insurance. One of the most popular alternatives is reimbursing employees' individual health insurance premiums. Is a switching employees to individual health insurance the right approach for your business? >> Read more to find out.
This article contains tips for HR on discussing a transition to individual health insurance with employees. >> Read more.
For a more in-depth resource on changing to individual health insurance, check out this free guide.