Health insurance tips
Here are five tips for making sound decisions about health insurance:- Find an expert. To find an insurance agent or broker who knows the subject, ask another business owner for a referral, says Derek Ross, president of Kulchin Ross Insurance Services located in Southern California. Some agents who haven't studied the law may pass along bad information, he adds. "The majority of brokers and agents don't truly understand the changes that are coming. There are still many ambiguities," Ross says.
- Think hard before dropping coverage for your employees. Laszewski says your decision about whether to provide workers with health insurance should be based on how it'll affect your finances. It may seem cheaper to drop coverage, but that could place you at a competitive disadvantage when it comes to attracting and keeping qualified workers.
