Small businesses are the backbone of America, and as a small business owner, you’re the backbone of your company. You have to be—you wear all the hats. You’re the owner, operator, manager, accountant, and more. And, if you want to staff your business, health insurance specialist.
Providing health insurance is a surefire way to attract and keep talent in an extremely competitive market. It’s a way to thank your employees for their hard work. It also acknowledges that as a small business, you and your employees are all in this ship together, keeping things sailing in the right direction.
And it’s also your number one concern. A survey of almost 4,000 small business owners shows that of your 10 most severe problems, health insurance tops the list.
That’s probably because small businesses spend the vast majority of their revenue on compensation1, including health insurance. In 2013, compensation totaled more than 50% of small business expenses, on average. For employers with 10-24 employees, that number was even worse—their compensation expenses came to almost 57%.
|Business Size (number of employees)
||Total Compensation (as % of total expenses)
Insurance woes disproportionately affect small businesses, who pay, “about eight to 18 percent more than large firms for the same health insurance policy,” according to The National Conference of State Legislatures. Worse, those numbers are increasing1; 61% of small businesses with fewer than 50 employees saw their insurance rates rise between 2011 and 2012,3 and the trend is accelerating.
We thought so. And there’s an easier way.
HealthMarkets is knowledgeable in small business insurance needs. You don’t have to be a small business health insurance specialist—that’s our job.
Stop worrying about government regulations, endless forms, and whether or not you qualify for what kind of incentives. Just let us tell you. We can help you reduce your costs and provide better policies for your employees — policies that better fit each person’s unique insurance needs, rather than one-size-fits-all approach that may not truly benefit them.
In other words, we can take one of those hats of yours out of your closet. We really don’t think you’ll miss it.
And get this: our service is free. We’ll sit down with you and your employees, help you choose the best solution for your business, and explain how all of you can get better healthcare coverage for less money—all at no cost to you. We have thousands of options from more than 200 insurance companies nationwide. Wherever you are in the country, whatever industry you’re in, however small your business, we can help you find better solutions and save money. And in today’s economy, the money you save can be the difference between stagnation and growth.
Small business insurance is one of the most complicated subjects you’ll face as a business owner. Let us help. Save money. Grow your business. Just think of us as fertilizer. Give us a call at any time, day or night, at (800) 976-5818.