You are the a small business that offers health benefits to your employees, and it is important for your business. However, one of major challenges is the cost of annual premiums unpredictable. Here's something to consider - you may break the escalating cycle of premium costs and still offer employees quality health benefits, but may require a new approach health benefits. 
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reality - premium Unpredictable costs for small Nationwide companies
If you have experienced the cost sting of unpredictable premium increases year after year, you are not alone.
According to Kaiser Family Foundation , the national average cost of group health insurance premiums for small businesses in 2014 was 6,025 $ / year, with the company to pay $ 4,944 per employee. This is not a new trend. Over the past 15 years, the cost to cover employees with traditional health insurance increased by 174% (for individual coverage)
Related :. What if medical claims are increasing the cost of health benefits
to fight against the increase in premium costs, employers of all sizes changed more costs to employees, a decrease in coverage or networks, and / or implemented consumer-driven health plans to control costs. Others have abandoned the group health insurance altogether because they can not absorb the increases in premiums or do not meet the minimum requirements for participation.
adopt an approach Advantages of a new health for the costs of foreseeable premiums
This brings us to today. Only 54% of small and medium enterprises (with less than 0 employees) even offer traditional health insurance. But these statistics do not mean small businesses drop health benefits altogether. Instead, they look for new approaches to provide health benefits enabling predictable cost health benefits
Tip -. Health Insurance Group is not the only way
you offer health insurance now, or have recently canceled because of the cost, you may feel as traditional health insurance group is the only way to provide quality health benefits.
it is a relief to know that it is not the only way. New affordable alternatives are quickly adopted by small businesses such as:
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The SHOP marketplace and fiscal affairs to small Appropriations Health
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Co-Ops or PEO
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individual health insurance (with or without share premium repayment of )
What is the most expensive option? Individual health insurance with a premium refund of contributions is an option. Why? Because, on average, individual health insurance costs 20 to 60 percent less and companies can completely control the cost
Related :. Take control of health insurance for small businesses Knowing your options
Conclusion - Take control of premium costs climbing
the number one challenge facing small businesses to offer health benefits is cost. However, the premium costs escalation should not be the death of your operating budget. By adopting individual reimbursement of health insurance, you can control the costs of health benefits and break the unpredictable annual increases in premium costs cycle.
Do you have questions about how to get the premium costs under control or on the health benefits of small business? Leave a comment and join the discussion.
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