Do I Have to Offer Insurance Benefits to My Employees?

Since the Affordable Care Act was signed into law, many employers are now faced with new questions related to insurance and their employees. The Affordable Care Act will take a few years before every statute takes effect and many are confused about how this new law will affect their company. If you need answers, don’t wait to get them.

Many small business owners are now wondering, “do I have to provide insurance benefits to all my employees?” These and other questions of the same nature are what prompted our company to customize and tailor our approach to educating employees and their employers. We want you to have confidence in your situation.

Depending on the size of your company, you may or may not be required under the Affordable Care Act, otherwise known as Obamacare, to offer health insurance options to your employees. Schedule a consultation with us to determine if you are going to be mandated to offer health insurance. Most are aware that small businesses that employ more than 50 full time workers are required to provide health benefits products to workers that they employ. Even with that knowledge, you probably still have lots of burgeoning questions. We have every bit of information you need. Even better, we can help you find ways to save your family money and your business money.

Matters that may be unfamiliar to you right now, such as SHOP tax credits or the Employer Shared Responsibility Payment, could soon seem like common sense to you. The thing is our agency doesn’t teach to teach. If a certain aspect doesn’t pertain to you and your situation, we won’t waste your time reviewing it. We educate our clients for their own good, and going over superfluous material is not beneficial to you. We won’t know in what ways your business will be affected by Obamacare until discussing with you the details, but one thing is for sure, you’ll be in a better place after our discussion.