Texas Small Business Health Insurance
Option 1 strongly believes in the value of Texas small business health insurance for both small business owners/employers and employees. We also realize, however, that running your own company is often a monumental task which leaves little time for health insurance shopping. Our services at Option 1 are designed to make it quick and easy for you to find Texas small business health insurance quotes, so that you have more time to grow your business.
Why Get Texas Small Business Health Insurance?
To many small business owners, buying a group health insurance policy just seems like another unnecessary hassle on top of the day-to-day stresses of running a company. However, Option 1 holds the opinion that coverage under a Texas small business health insurance policy benefits both employer and employee in significant ways:
- Employees value group health insurance. An employer that provides insurance coverage on top of monetary compensation offers a sense of security which is very attractive to talented applicants.
- Health insurance premiums are tax-deductible. As an employer, you are eligible to deduct the full amount of qualifying health insurance premiums from your taxes. Providing coverage to employees may also be used to lower your overall payroll taxes.
- Group health insurance generally has better rates than individual plans. Because group health insurance premiums are shared between the company and the employee, payments from each side are usually lower.
Types of Texas Small Business Health Insurance
Your small business, corporation, partnership, or limited liability company can qualify for several different types of health insurance plans tailored to your needs. Option 1 can help you find online Texas small business health plan quotes for:
Managed Care Plans:
Managed care plans are typically more rigid, network- and preference-based health insurance plans which may require policyholders to select a primary care physician from the insurance company’s network of healthcare professionals. These plans include:
- Health Maintenance Organizations (HMOs)
- Preferred Provider Organizations (PPOs)
- Point of Service Plans (POS)
Fee-for-Service Plans:
Fee-for-service or indemnity plans are a more traditional form of Texas small business health insurance coverage. They generally allow policyholders to choose their own physicians and specialists, but also tend to charge higher monthly fees than do managed care plans.
Health Savings Accounts (HSAs):
A Health Savings Account (HSA) is a type of Texas health insurance plan which consists of a high-deductible, lower-premium insurance policy in conjunction with a tax-deferred savings account funded by pre-tax dollars. Withdrawals from this account to pay for medical care expenses are usually also tax-free.
Get a Quote Today
Put Option 1 to work for your small business today – we offer quick and easy Texas small business health insurance quotes to help you find affordable coverage for yourself, your company, and your employees. We give you understandable information from many of Texas’ most well-respected health insurance providers to help you make the right decision for your small business. Click here to get a quote today.