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I run a small business and it costs about $2000/Month group premium for a family of 4 and mind you this is the discounted group rate. If you buy similar insuran
by codegeek 7y ago
I run a small business and it costs about $2000/Month group premium for a family of 4 and mind you this is the discounted group rate. If you buy similar insurance individually, you will pay over $2500/Month. So give or take, $25K per year per family/employee. Yes the employer gets a tax deduction but if you really think about it, i would rather offer the employee say $35K extra and take a hit in Payroll taxes while the employee gets so much more money for themselves. If only, health insurance was not a scam in this country.