The total cost depends on several factors: the number of employees, their ages and location, the plan designs you choose, and how the premium is split between the business and employees. There is no single price, which is why comparing designs matters so much. A plan with a higher deductible usually has a lower premium, and vice versa.
Employers typically share the cost with employees by contributing a percentage of the premium. Some small businesses may also qualify for tax advantages, and very small employers that meet specific conditions can be eligible for a tax credit when they offer coverage through the Small Business Health Options Program. These incentives can lower the real cost of offering benefits.
We build two or three plan designs around your target budget and show the cost to the business and to employees side by side. That way you can offer a competitive benefit without overspending, and you can see exactly what you are paying for.
