Why Health Insurance Matters for Small Businesses
Why Health Insurance Matters for Small Businesses Attracting Talent : In a competitive job market, offering health insurance is a key factor for job seekers. Many employees prioritize health benefits alongside salary. A robust health insurance plan can help your business stand out from competitors, making it easier to attract skilled workers. Employee Retention : Health insurance is not just a recruitment tool; it's also essential for retaining employees. When employees feel their health needs are being met , they are more likely to stay with the company long-term, reducing turnover costs and maintaining a stable workforce. Tax Benefits: Small businesses can enjoy tax deductions for the premiums paid on employee health insurance plans. This can significantly reduce the overall tax burden for your business, making health insurance a financially sound investment. Improved Productivity : Healthy employees are more productive. When employees have access to healthcare, they are ...