Small Business Employer Group Health Insurance–Are Plans Still Beneficial To Employers And Workers?

Here in June there are still many businesses that are struggling to provide health insurance coverage through their employer group health insurance plan, which is vital for some workers, but there are also some businesses that have completely eliminated any health insurance coverage that may have been available, simply because costs are still high and many of these business owners feel they can no longer allow this expense for their company. However, there have been arguments that employer group health insurance policies, particularly for small businesses, have posed a great deal of benefits in the long run for businesses, as there are aspects of providing a quality health insurance plan that can be helpful for businesses, but there are those who are asking if these plans are still able to offer these benefits for certain companies.

As an example, one of the old arguments that has often arisen concerning why an employer should offer small business health insurance is that it will not only be beneficial for workers, which is obvious, but it can keep workers more secure in their job or loyal to a company and can attract more highly qualified employees in the future. Ideally, if a business gets a reputation of providing a quality health insurance plan, even businesses that are quite small, they could attract more men and women who are looking for not only job security but a comprehensive health insurance coverage option that would allow them to erase any worries related to healthcare expenses.

Yet, there are some workers who are seeing declines in their health, as more Americans are suffering from illnesses like obesity, diabetes, or high blood pressure and there are also factors like some workers continue to smoke, all of which can cause an increase in the overall costs that a business will meet for their health insurance policy. When this occurs, there have been some companies that offer wellness incentives in the hopes of getting their workers to lead a healthier lifestyle, which can eventually lower the risk that an insurer sees at a particular company and potentially lead to more affordable costs for their business, but there are still some companies who cannot get this particular option to work for their situation.

Employers cannot force their workers to lead a healthier lifestyle and, in cases where some conditions may be genetic, they cannot fire a worker for simply being in poor health. While leading a healthier lifestyle can ultimately result in employees being more confident, energetic, and missing less work, questions of if employers are able to benefit from health insurance plans are still in place.

These issues that companies are facing, in terms of their workers health and conditions, is not something that is necessarily new, but have been faced in the past. While many small businesses are close, and may even be like a family, so an employer is hesitant to or regretful of getting rid of a health insurance policy, arguments that businesses who keep their health insurance plans in place can eventually, with the possible help of wellness incentives, not only prompt their workers to be more healthy, or at least a portion of their workforce, and still potentially bring in more workers who are healthy in the future who may stay with the company for the long run and eventually lead to lower costs as a result.