Title: Various small business health options
1Various small business health options
Small businesses usually buy insurance coverage
from an insurance broker. Traditional group
health insurance is a good choice for small
businesses as it is relatively easy to obtain and
employees are very familiar. Employees are free
to purchase the plan that fits their needs best,
while small businesses have the freedom to set
their budget. The qualified small employer
health reimbursement arrangement is becoming an
increasingly popular option. Here are the
various small business health options- Healthcar
e stipends Individual coverage HRA Self-funded
health insurance Small-group health insurance
Qualified small employer HRA