Under the Affordable Care Act (ACA), employers with 50 or more full-time equivalent (FTE) employees are generally required to offer health insurance. This requirement is primarily mandated by the Affordable Care Act (ACA). Smaller businesses with less than 50 FTEs are not generally required to provide health insurance, but it’s still a good practice to consider.
Depending on the complexity of your benefits package, I can take between 30-90 days to implement your benefits package. Your RBG sales agent can advise how long your process should take.
You can legally choose to buy insurance from the online Healthcare Marketplace instead of your employer’s plan. The Healthcare Marketplace is available to everyone, regardless of employer-provided insurance.
However, there may be financial consequences. Employers often subsidize part or all of their employees’ coverage. If you opt out of your employer’s plan, you won’t get that benefit and might pay more for insurance on the exchange.
Yes, many smaller companies offer health insurance as a benefit, even if they aren’t required to by law. In fact, the majority of Americans have health insurance coverage through an employer.
Yes, an employer that is not required to offer Heath Insurance, can still set up additional plans such as disability, life and other supplemental policies.
Yes, indeed many companies provide these benefits at no cost to their employees to enhance employee retention and morale.
This depends on the actual policy. Your RBG agent can help answer this question based on your benefits plan.
To accommodate your company needs, Riverside Benefits Group offers multiple enrollment options, including in-person meetings as well as an online 24/7 benefits portal. Depending on your benefits package, other options might be available. This ensures flexibility for each client’s unique requirements
Reach out to Riverside Benefits Group and set up a meeting to discuss your current situation. RBG will address any questions or concerns you might have as well as show you some of the available options. Your RBG agent will then work with our design team to build a custom plan based on your company’s needs.
