Title: Why Should Consider Group Health Insurance?
1Why Should Consider Group Health Insurance?
Group health plans tend to be cheaper on average
than individual plans. Group health insurance is
often cheaper because of the size of the risk
pool. Individual health insurance spreads the
risk over a much larger group. Businesses can
deduct the cost of their premiums from federal
business taxes, and some small businesses may
qualify for a tax credit. Here are the things to
consider in group health insurance- Tax
Incentives Lower Premiums Employee Job
Satisfaction Improve Hiring and Recruiting
Employee Retention and Loyalty