Small business owners are increasingly making the switch to individual plans. Find out why.
Many small business owners offer their employees health insurance through a group plan. It's just the way things have been done for a long time in the United States. But lately, more and more employers are switching to individual plans for themselves and their employees. Individual plans open the door to more policy choices and potential government subsidies, plus an employer contribution is not required. As for cost? Rates are often lower with individual plans, and premiums can be tax deductible. As the employer, you can make the switch from group to individual at any time, regardless of open enrollment deadlines. Learn more in our video below and visit NFIBHealthPlans.com for a quote.