Sunday, October 29, 2006

Small Business Health Care Coverage

Healthcare cost are rising rapidly. Many small businesses would like to provide their employees benefits but cannot find affordable coverage without having significant exclusions or reduced benefits.

Having quality employee benefits is a competitive differential for attracting and hiring the best candidates for your business. The challenge is how can you provide these benefits without paying the highest cost since your not a Fortune 500 company with thousands of employees. The anwser is "group purchasing organizations".

Today small businesses can obtain Fortune 500 employee benefits for their employees at very competitive cost. From medical coverage, disability, life insurance, 401k, IRA's to employee savings plans, all is now available to the small business owner as if it were a Fortune 500 company with thousands of employees.

Small Business Factors has studied the market and found unqiue "Group Purchasing Organizations" that will even handle your payroll and keep you in compliance with state and federal payroll taxes. Most of these GPO's charge a small monthly fee per employee which is much less expensive then having an in house resource or having your accountant do the work never less taking your important time to administer employee payroll and benefits.

To learn more about GPO's and how your company could gain the benefits of using their services contact Joseph Rounds at JRounds@smallbusinessfactors.ws

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