There are a few things to consider when offering health insurance to remote employees. The first is to make sure that the health insurance plan you select is compliant with the Affordable Care Act (ACA). This is important because the ACA requires that all employers with 50 or more full-time employees offer health insurance to their employees or face a penalty.
The next thing to consider is what type of health insurance plan you will offer. There are four types of plans that are typically offered:
- Health Maintenance Organization (HMO)
- Preferred Provider Organization (PPO)
- Point of Service (POS)
- High Deductible Health Plan (HDHP)
The type of plan you offer will likely be determined by your budget and the needs of your employees. For example, if you have a lot of employees who travel often, you may want to offer a PPO so that they can see any doctor they want without having to get a referral from a primary care physician.
Finally, you will need to decide how you will pay for the health insurance. There are two common options:
- Pay the entire premium yourself
- Require employees to pay part of the premium
If you decide to pay the entire premium yourself, you will need to make sure that you can afford to do so. Keep in mind that health insurance premiums can increase every year, so you will need to budget accordingly.
If you require employees to pay part of the premium, you will need to set up a system for collecting the payments. This can be done through payroll deduction or by requiring employees to submit their payments directly to the insurance company.
Whatever option you choose, make sure that you communicate your health insurance benefits to your employees so that they are aware of what is available to them.