Affordable Business Health Insurance Options For The Small Business Owner
Michalis 'BIG Mike' Kotzakolios


Defined Tag: Business Health Insurance.

Owners of small businesses face special challenges when looking to obtain business health insurance. Responsible owners desire to provide affordable insurance benefits for their employees, yet find it very difficult to locate affordable business health insurance. Add to this the burden of actually running the business, and the owner is often dissuaded from providing health insurance for his or her employees.

The savvy business owner, however, realizes that providing health insurance is key to retaining valued employees and attracting new recruits. Plus, growing businesses might not have the option to exclude health insurance for their employees under many state laws.

Despite the challenges, business owners do have options when looking for health insurance. Many companies and organizations offer collective clout for negotiating and obtaining better business health insurance coverage options. One company in Atlanta, Georgia, for example, offers extremely competitive business health insurance rates online because of its collective bargaining power with health insurance companies. They affiliate with over fifty insurance carriers and consolidate their base of business clients to form one large entity. This large entity commands far better business health insurance rates than just one small business in the eyes of the fifty carriers.

In California, a similar purchasing alliance exists to assist entrepreneurs with obtaining business health insurance. With just one account, a company's employees can choose among different business health insurance plans, or even insurance carriers. They also give the option of additional benefits for employees. With this alliance, a small business owner with as few as five employees can offer them a choice of up to 9 Health Maintenance Organization networks, which is often more than some major corporations.

The benefits of these types of plans are many for the entrepreneur. Cost control and guaranteed rates for one year provide budget-certainty. After purchasing business health insurance, the benefits continue. Online account management provides simple administration to the already-overburdened business owner. As well, a strong support program provides assistance for both the owner and the employee.

In some states, similar plans can be found that are funded by local or state governments. New York City, for example, sponsors an initiative called Health Pass, which resembles the privately-funded programs in California. The State of Wisconsin is also planning initiatives to assist entrepreneurs with business health insurance based on that same model.

To locate these purchasing alliances, a good source of leads is the local chamber of commerce. Even still, it pays to research the different options as thoroughly as someone buying a used car. There can be many plans available for business health insurance, and budget-conscious business owners could end up overpaying when a lower-cost alternative might be better suited to the situation.

BIG Mike is a well known author, developer and Adsense expert as well as the owner of Niche Maniacs - a unique Adsense Marketing System designed to build long-term passive income streams from Adsense, YPN, Chitika and other PPC services.