Florida Small Business Health Insurance
Surveys have shown that health insurance benefits rank second only to monetary compensation when it comes to retaining/attracting employees. And though your business may be small, with a Florida small business health insurance plan, you can get the leverage you need to compete with larger companies.
In addition to providing your employees with a valuable benefit, a FL small business health insurance plan may also offer you and your staff a variety of tax incentives, including:
- 100 percent tax deductions on premiums paid for qualifying group health plans
- Reduced payroll taxes if your Florida small business health insurance plan is offered as part of a total compensation package
- Employees can pay their portion of the monthly insurance premium using pre-tax dollars.
Not all Florida small business health insurance plans will qualify for each of these tax benefits, so discuss your options with your health insurance provider and your tax specialist to determine which plan is right for you.