It isn’t easy being a business owner in California and there’s plenty of competition. One way to ensure that you keep employees around is by providing them with low-cost group health insurance. Not only will this help you keep quality workers around, but it will qualify you for perks such as tax breaks. Of course, this is as long as you comply with the laws of ACA.
The State of California is dedicated to offering businesses and individuals affordable group health insurance. As a business with more than 50 full-time employees, you must provide those that work with you group health insurance benefits. The cost of these benefits cannot exceed 9.7% of the employee’s annual income.
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