Whether you are self-employed, or own a small business with less than 50 employees, there are resources available to help you find affordable small business health insurance in Massachusetts.
A self employed business owner with his or her self as the only employee can get business health insurance, and is therefore entitled to the same benefits. But being self employed and paying for individual health insurance can also lead to a significant tax deduction. It’s best to do your research and see which option will suit you better.
For small businesses with two or more employees, it’s best to start by shopping around. The fastest way to do this is by using Ehealthinsurance. Ehealthinsurance provides a quoting service that allows you to compare plans side-by-side from the leading companies in the insurance industry. You only have to submit one application, and the response is instant. This service alone can save vast amounts of money and time.
When you pick your plan, choose to pay a higher deductible. This, coupled with higher co-pays for doctor visits, can significantly cut the price of premiums. Plus, increasing the size of your group will reduce your costs too. You can do this by joining with another business, or an insurance pool.
Finally, check with your local Massachusetts Chamber of Commerce and the Massachusetts Department of Insurance. They are excellent resources for information regarding small business health insurance in your area. They can usually refer you to a good company, or they may have an insurance pool of their own. It never hurts to check.
