If you want to provide your employees with the best benefits possible, you can use Trustmark’s small business benefits plan. This national employee benefits company specializes in employee health and wellness programs, self-funded health plans, and voluntary benefits. Trustmark also offers free employee benefits management software. The company also offers advanced plans.
In 12 states, Trustmark offers Healthy Incentives plans, a health benefits plan that offers employers control over health benefit solutions. They pair these plans with a variety of PPO networks. These PPO plans are familiar to employees and provide a competitive option for employers who want to reduce the cost of group health plans. To enroll in these plans, you must have five or more employees.
Small businesses can also take advantage of the Small Business Health Options Program. If you have less than 50 full-time equivalent employees, this program may be right for you. If you are eligible, you can purchase health coverage through this program and claim small business health tax credits. Alternatively, you can choose to participate in a private health insurance exchange, which are online marketplaces operated by nonprofits or private companies. There are a variety of benefits available through these exchanges, including a defined contribution for medical plans. These exchanges can be group or individual-based.