Employers only have to provide health insurance if they meet certain legal requirements. A business must have a certain number of full-time employees for it to be required to provide insurance for health coverage.
When you provide health insurance for your employees you have to make sure that you are meeting the legal requirements of the law. The best way to ensure you are is by purchasing a plan from a major insurance company in your state.
Most of your employees will want to choose their own health care, unless the insurance you provide doesn't allow them to. In that case the insurance will decide where they go.
Absolutely. In fact, a great way to attract employees is to provide a benefits package that can include health and life insurance. The employer may generally require the participating employees to contribute to the premiums.
A couple of the companies that provide health insurance to state employees are BlurCross BlueShield: BCBS HMO Illinois and BCBS Blue Advantage. Healthlink and Personla Care are two other companies that will be getting contracts.
To remain competitive with other employers for good employees.
An employer in Texas that has 50 or fewer employees, must offer health insurance to all employees. If the employer has more than 50 employees, he can offer health insurance to a "class" of employees and not another. For example; the employer may offer health insurance to all employees classified as management, and not offer insurance to employees in other classifications.
Businesses with less than 50 employees are not obligated to provide health insurance; so in this instance, employers can pick and choose if they wish. Businesses with more than 50 employees are obligated to provide insurance. If they do not, a penalty must be paid for every employee in the company.
A small business does not have to provide insurance to employees. Unfortunately, it can be difficult for small businesses to pool the financial resources needed to offer quality insurance.
There are no state or federal laws that require your employer to offer health insurance. They can decide to offer plans to full time employees only. They can decide to offer to salaried employees only.