No. As a small business owner, defined-contribution health plans allow you to compensate your employees differently. You do not have to contribute the same amount to every employee, which gives you a better way to tailor your reimbursements to your employees’ health insurance needs. There is no such thing as a one-size-fits-all health plan, and some employees may require a greater contribution to afford coverage than others.
Defined-contribution plans give you a different way to manage your health insurance costs. These frequently asked questions will give you a solid foundation when speaking with an insurance specialist.
Your business could benefit significantly from a Defined-Contribution Plan. Contact us today to get expert advice about how to save money on insurance for your organization, or compare insurance plans right now to get started.