Health Insurance For Small Business Michigan
15th floor south detroit mi 48226.
Health insurance for small business michigan. Business owners throughout wayne and oakland county have taken advantage of the healthchoice program to provide affordable health care coverage for themselves and their employees. With a high performing narrow network plan you can offer your employees access to high quality. National general benefits solutions. Additionally if you re a small business owner it s important to know the small business rules in michigan.
This provides you a 30 40 tax benefit on the cost of insurance. Tangible property usually represents a significant portion of its total assets regardless of the size of the business. Looking to purchase group health insurance in michigan. Employers with between 1 and 50 full time equivalent employees can offer insurance through shop.
Protecting your real and personal property is an important element of your insurance program. The primary goal of any michigan small business insurance program is to protect the insured s real and business personal property. We have affordable hmo epo and ppo plan options. To determine the best plan for you assess your budget and the health needs of your employees.
Our fully insured plans offer the coverage your employees need along with the peace of mind that comes from fixed health care costs. Our portfolio of small business health plans includes. Health insurance rules in michigan. Phase 2 2014 and beyond includes a tax credit up to 50 of a small business s health insurance costs.
There are many plan options in michigan. As in all other u s. You can share the cost of these premiums with your employees. Below is a snapshot of the lowest shop premiums available in michigan.
Small business insurance in michigan is pre tax which means the amount you spend on premiums is exempt from employer and employee taxes. Phase 1 2010 2013 includes a tax credit worth up to 35 of a small business s health insurance costs. Premiums shown are total costs per employee per month. The credit is broken in to two phases.
Small business plans blue cross blue shield of michigan and blue care network provide access to the largest network of health care providers in michigan for employers of any size. States health insurance plans must be compliant with affordable care act s aca regulations. According to the michigan department of insurance and financial services 2019 individual and small group network filing comparisons of primary care doctors who participate with insurance excluding out of state and upper peninsula providers. Small business health insurance tax credits.
This also applies to health insurance rules in michigan. Lowest monthly shop health insurance premiums in michigan. We offer a broad selection of michigan group health insurance for small businesses from most of the leading michigan health insurance companies. For organizations with up to 50 employees we have plans to fit your employees needs and your organization s budget.
Healthchoice of michigan 500 griswold st.
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