As a small business owner, it is important to find and keep quality workers. Figuring out whether you can financially afford coverage, while considering the consequences of not purchasing a policy can be very stressful. Here are a few things to keep in mind when making the decision to buy a health insurance policy:
- Look to credible people for advice. This means contacting an expert in the insurance industry who understands the law.
- Think about the consequences of dropping coverage. If you have trustworthy people working for you, you should provide them with health insurance. Otherwise they may turn to a business that treats them better. Insurance does cost money, but it may cost you more to replace your staff.
- Know the ACA rules. The affordable care act issues fines as well as tax breaks. These fines can be quite large, and are something you should try your best to avoid.
- Educate yourself. You can look to healthcare.gov to find more information on the Affordable Care Act.
If you have any further questions regarding insurance please don’t hesitate to contact Martplan Insurance Agency Inc., located in La Habra and Murrieta!