Hsa Vanguard Funds
Workforce retention relies on the ability of the small business to treat their staff well. With the skyrocketing costs of medical care, the company benefit plan can largely influence opportunity decisions of good employees.
Small business owners quickly realize that smaller groups of individuals are more expensive to insure than larger groups. Insurers base their rates on statistics showing that the health cost per person in larger groups is less, thereby making smaller groups riskier to insure.
Health insurance premiums can be lowered by switching the business health insurance to a higher deductible coverage and supplementing with a Health Savings Account.