Start Your Own Business by The Staff of Entrepreneur Media Inc

Author:The Staff of Entrepreneur Media, Inc
Language: eng
Format: epub
ISBN: 9781613080108
Publisher: Entrepreneur Press
Published: 2010-10-09T14:00:00+00:00

To check out the financial strength of insurers you’re interested in, visit ambest.com. You have to register to access the A.M. Best ratings, but there’s no charge to use the service.

If workers’ needs vary widely, consider the increasingly popular “cafeteria plans,” which give workers lengthy lists of possible benefits plus a fixed amount to spend.

Health Insurance

Health insurance is one of the most desirable benefits you can offer employees. There are several basic options for setting up a plan:• A traditional indemnity plan, or fee for service. Employees choose their medical care provider; the insurance company either pays the provider directly or reimburses employees for covered amounts.

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