Small employers want to offer health benefits to recruit and retain the best employees. But, there’s a problem. Traditional group health insurance is too expensive. As a result, only 54% of small and medium sized businesses offer traditional health insurance today.
Under Obamacare, small employers with fewer than 50 employees are not required to offer health insurance, but most want to. And, there are new advantages of individual health insurance such as the premium tax credits and guaranteed-issue coverage.
All of these factors leave many small business owners asking, "Can I just reimburse employees' individual health insurance?"
