Why businesses should offer Health Insurance

  1. Employee Retention: Offering Group Health Insurance helps attract and retain talented employees.
  2. Compliance with Federal Law: While not mandated by California state law, federal law requires employers with 50 or more full-time equivalent employees to provide health insurance benefits with minimum essential coverage.
  3. Tax Deductibility: Group Health Insurance premiums are tax-deductible for employers. By offering Group Health Insurance, business owners can take advantage of this tax benefit and potentially reduce their overall tax liability.