Why Offering Health Coverage Makes Sense for Small Businesses?
More Than a Tax Drawback Paying premiums isn’t just a line on your profit-and-loss sheet. It shows you’re invested in your employees’ well-being. Employees who know their medical needs are covered tend to feel safer, stay longer, and bring more focus into their roles. This subtle shift in mindset boosts productivity across teams. And remember, some tax credits exist specifically for small businesses that follow federal guidelines. Those credits can offset part of your outlay, making coverage more affordable than you might think. Attract Top Talent Small businesses often lack the brand recognition of larger firms. But guess what levels the playing field? Benefits. A 2024 survey found that over 60% of small-town job seekers would take a slightly lower salary for strong health coverage. Offering competitive perks can sway top candidates your way, reducing turnover and saving your company the headache and cost of constant hiring. Protect Employees Healthcare emerge...