The one thing we know for certain about the Affordable Care Act is things will change. That change will likely come in many forms and it will be different (welcome, unwelcome, scary, wonderful) depending on who’s talking. Even though as small employers, those with fewer than 50 employees, we may not see a direct impact, there’s no doubt in the world that the change will effect us too.
Health insurance is a big deal. And it’s a big cost for everyone. As more people enter the system, the youngest and most healthy will likely have to pay more to maintain coverage, but on the whole, costs should become more affordable for those in the most need.
So here is my plea. If you don’t currently offer health insurance to your employees, keep an open mind. Keep track of rates and potential costs. You never know at what point it starts to make sense. And also, remember that you don’t have to pay 100% of the premiums in order to qualify. If you pay 50% or more, then that’s one box you’ve checked and you’re on your way to being eligible.