Health insurance is the most popular employee benefit for most workers and it’s no wonder: it can have a real impact on their financial health as well as their overall well-being.And health insurance for small businesses can boost the overall health of your organization by increasing employee satisfaction and productivity.
And oddly, while you have to count part-time workers’ hours toward your full-time tally, you don’t have to offer them health insurance, even if you have more than 50 workers.
The online marketplaces offer a set number of plans from private insurance companies that are geared to the pocketbooks of small businesses. The marketplaces offer four plan levels established by the affordable care act: bronze, the least fancy plan, and silver, gold and platinum.
If you are a small business with 50 or more full-time employees or, counting part-timers, you have the equivalent of 50 full-time employees, you already have had to offer health insurance as of this year or face penalties under the Affordable Care Act.
Companies with 100 or more workers had to comply with the rules a year earlier, on Jan. But what about your small business of fewer than 50 full-time employee equivalents?
View the Delta Dental Plan Options for Your Business brochure for more information.
You can also take a look at Delta Dental benefit summaries and plan selection forms.Insurers have to offer plans that cover at least the “10 essential health benefits and services” legally required under affordable care rules, which include maternity and mental health care.These plans can be purchased in a variety of ways at a variety of price points, so we’ll walk you through all of the options below.A calculator to figure out your full-time equivalent count is available here.Just be warned that a full-time employee is one who, in the past calendar year, averaged just 30 hours a week in a month.CDPHP Health Plans for Small Business Choosing a health plan for your employees is a critical part of the benefits decision-making process.CDPHP is committed to providing small businesses like yours the plan options, benefits, wellness programs, and service you and your employees need to stay healthy.A small business can enroll any time during the year as long as enough of its employees participate in its plan or have coverage elsewhere. Otherwise, your small business can sign up during open enrollment between Nov. Bronze plans: These typically have a lower monthly premium but a sky-high deductible.They can be good for younger, single, healthy workers who don’t expect to get sick much.Dental Coverage CDPHP partners with Delta Dental, which covers 54 million people in the U. We offer a range of plans for all needs and budgets, including plans that cover everything from preventive care to orthodontic services.Pediatric dental coverage Pediatric dental coverage is required for small group and individual plans under the ACA.