Why Group Health Insurance Isn't Ideal for Small Businesses #infographic

Published by Web Desk Thursday, January 8, 2015

Health insurance is getting more and more expensive for everybody. This is particularly true for businesses who are providing health benefits to their employees. With the costs of Group Health Insurance skyrocketing in America, many small businesses cannot afford to offer health benefits using the traditional methods. Because of this, many of the best employees that would be a great benefit to these small businesses will end up going elsewhere. Apart from the cost there many other reasons why Group Health Insurance isn't ideal for employees or employers in small businesses. The way traditional Group Health Plans are set up makes them a risky proposition for all involved. From not being able to choose your doctors or your payment options, to potentially having premium costs suddenly spike due to one big claim in the group, to not being able to take your insurance with you when you change jobs or get sick, there are many reasons why small businesses should ditch the traditional way of providing group health insurance, and should look to another more viable option: Individual Health Insurance Reimbursement. Check out the infographic below created by zanebenefits.

Infographic by: zanebenefits

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