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Oregon Small Business Health Insurance

Written by Kathleen Gagne
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The regulations covering Oregon small business health insurance options are designed to guarantee that no small business is denied insurance or offered an inappropriate policy. Any company with 2-50 employees is entitled to small business health insurance, and health insurance companies must offer them a health insurance policy with similar benefits as ones they've sold to other small businesses.

Oregon requires that a small business electing to offer health insurance must meet the insurance company's requirement of a minimum number of participants. In addition, the employer must contribute a specified amount toward employees' premiums. This amount can be associated with the group's health status and other risk factors such as age, family size, and risk. Insurance companies may not cancel a small business health insurance policy based on any illness.

Why You Should Purchase Oregon Small Business Health Insurance

If your business qualifies for small business health insurance by employing from 2-50 people, offering the insurance to your employees carries benefits for them and for you. Choosing a group plan means that you can take certain tax deductions, you can save on your personal health care costs, and you will definitely boost your employees' job satisfaction.

Group insurance plans offer another advantage; they spread the financial risk associated with illness among all of the participants in the group. This usually results in better coverage and lower monthly premiums for each participant. As an employer, you can tell your employees that their taxes will be lower with the plan while you can usually take a deduction for the amount you pay for them of up to 100%. Offering health insurance coverage to your employees is a win/win choice.


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