Ohio Small Business Health Insurance
Running a successful small business in the Buckeye state is no small accomplishment. With a good mixture of agriculture and service industry opportunities, there is a lot of competition. Wendy's International calls Ohio its home, inspiring upstart companies and established small businesses alike to increase and expand their business.
With success realized, those small business owners that are reaping the rewards of their hard work are also faced with a larger obstacle: how to give back to the employees who helped them on the way up. Offering health insurance is an excellent way for small employers to guarantee loyalty, but it isn't cheap. In the year 2000, employer contributions in the state of Ohio amounted to $2,837 million. Fortunately, the advent of the Health Savings Account is opening the door to success by allowing employees to have a bigger role in choosing their insurance. In addition, insurance carriers in Ohio are hard at work, providing small employers decent health insurance options, in accordance with the state's insurance regulations. Request a free online quote for more information on Small Business solutions in Ohio >>
Featured Ohio Small Business Health Insurance Providers
In addition, if you are looking for information on Individual or Family Plans in Ohio, products are available from the following:
- Aetna
- American Medical Security Life Insurance Company
- Anthem BlueCross BlueShield of Ohio
- Celtic Insurance Company
- Golden Rule
- Humana
- Kaiser Permanente of Ohio
- Medical Mutual of Ohio
- Time Insurance Company
- UNICARE
Ohio’s Small Business Health Insurance Regulations
- Guaranteed issue and renewability is in effect; insurance carriers must offer employers of 2-50 workers the same health plans they offer other small businesses, and cannot cancel a plan due to the health status of a group member.
- Carriers covering small businesses can vary group premiums due to health status, gender, age and industry, but only by a limited percentage.
- The self-employed worker is not eligible to enroll in a group plan. Those who choose an individual policy, however, can deduct up to 80% of premium costs on their federal return.
Request a free online quote for more information on Small Business solutions in Ohio >>
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