I'd like to offer my employees some type of health care ... but can I afford it?
It's usually true, at least in the beholder's eyes, that the grass really is greener in the other fellows yard.
Recent surveys and studies have shown that employees may move to another position with equal or even slightly less pay, just for a benefits package. As an employer, you know that good employees are hard to come by, and once you have one, you don't want to lose him or her just because they found another
opportunity that they perceived as better for them and/or their families. Dental care alone is the fastest growing, and second most requested benefit requested by employees. Again, according to several surveys, most employees would trade 2 days of vacation time for just vision care. In fact, health care doesn't just keep good employees, it attracts them to your business, which in turn, increases your bottom line.
Another thing you know as an employer is that the cost of health care, not only for yourself, but especially for your employees can be high ... cost prohibitive in many cases. A good group policy, even with a high deductible is, to say the least, expensive. And in tight economic times, the last thing you want to consider for your business budget is a large cost item.
So, what we've established is that providing health care for your employees would be a good thing. We've also established that it will be expensive. Sounds like a mountain you could ride around and around for a long, long time without an answer ... but,
Here's your answer
(If you haven't watched the video explaining our health care programs, CLICK HERE)
AmeriPlan health care programs are ideal for small businesses, using our group plan.
What is a group?
A group is 5 or more employees/members, where AmeriPlan is sending one monthly bill to a company and that company is submitting one payment.
OK ... I've seen that the health care plans are inexpensive
How does that help me?
Let's use an example:
Let's assume you have 10 employees (you may have more; you may have less, as long as it's at least
five, so it's a "group"), including yourself.
Scenario I. The Employer pays it all (and is the hero)
You decide to give all 10 AMERIPLAN Total Health™ which is $39.95 per month.
10 X 39.95 = $399.50 X 12 months = $4794.00 per year
Less than $5000 to provide our full health care package for all employees, yourself, and your families ... and it gets even better. AmeriPlan® health care programs are fully S-125 compliant.
That means you can claim the entire $4794.00 as a business expense on your business tax
return. It's a write-off! You've provided something invaluable to your employees (that makes
you the hero), and it ends up not costing you a cent. We even do the paper work.
Scenario II. The Employee shares the cost (and you are still the hero)
You decide to offer all 10 employees AMERIPLAN health care programs, and tell them you will
match their contribution (long story, short - you'll pay half). Each employee can make his or her own decision as to which health car plan they would like to have. Some may need the full AMERIPLAN Total Health™ program, others may need just the AMERIPLAN Dental Plus™ program for their family, while another might just need the Individual AMERIPLAN Dental Plus™ program. Regardless of your employees needs, we still tailor your "group" plan to your employees needs, and yes, we still do all the paper work. AmeriPlan will list-bill your company to make the process easier. That means your company will receive a detailed bill every month with each employee listed with the plan he/she has, with the respective cost. So, just for our example:
Employee Name
Program Type
Amount
Billed
Employee
Contribution
Robert Smith Total Health Plus 39.95
19.98
Jane Doe Total Health 39.95
19.98
Ernest Johannson Dental Plus - Household 19.95
9.98
Mark Moseley Total Health 39.95
19.98
Johnny Mason Dental Plus - Household 19.95
9.98
Lynn Ethridge Dental Plus - Individual 14.95
7.48
Craig Justell Dental Plus - Household 19.95
9.98
Moe Howard Total Health 39.95
19.98
Larry Fine Total Health 39.95
19.98
Curly Howard Dental Plus - Individual 14.95
7.48
Totals 289.50
144.80
This scenario is a "win-win" for both you and your employees.
1) Everyone has health care
2) Since AMERIPLAN® programs are S-125 compliant, each employee can apply his or her
total payroll deduction as healthcare when itemizing on their income taxes, and you
can claim the employer portion on your business taxes, again a complete write-off
3) Little or no paperwork for you or your office staff.
Again, with the health plans available to you, you get just what you need, and you only use what you need. It's tailored to fit your employees and your business, and we help you get started and are with you every step of the way. We can even help with the paperwork.
Questions? Ready to let us help you get started? Please go to the Contact Us page.
