Another plus for small businesses is that employer health insurance has tax benefits. One way is that, on average, employers can deduct 100% of the monthly premium cost of qualifying plans from the federal business taxes they pay.<\/p>\n

Offering health insurance to employees as part of compensation can mean reduced payroll taxes for a business, too. If the employer offers HSA contributions, typically this can be a deduction on small business taxes.<\/p>\n

Hire Top Talent<\/h2>\n

Small group insurance attracts job applicants to your job openings. It is a vital part of a hiring strategy to keep you competitive as an employer. Without insurance options, candidates may decide to look elsewhere for a company that offers employer health insurance.<\/p>\n

Offering insurance also helps with your employer’s brand. You are seen as a company that values health and wellness.<\/p>\n