Providing the right benefits plan is an important decision for your small business. All benefits plans are not created equal. Many standard small business benefit packages bundle together mandatory, cookie-cutter benefits with costs and risks you might not want for your business.
Watch out for these factors that make some plans too expensive or unsuitable for small businesses:
obscure calculations and hidden fees
micromanagement of complex policy details
the risk of cost overruns and renewal increases
But there are alternatives! When you choose best of breed benefits for your small business you’ll get a plan that:
offers valuable healthcare benefits to your employees
allows you to choose your own benefits budget and stay within it
provides maximum flexibility to accommodate different needs
controls costs through low administration fees and no renewal increases
minimizes out-of-pocket healthcare costs for yourself and your family