Providing health insurance as a small business is a great way to hire and retain excellent employees. The Affordable Care Act currently requires small businesses to offer health insurance, if they have 50 or more full-time workers. If certain small businesses fail to provide health insurance to employees, they may be subject to fines.
With group health insurance plans, premium costs are typically shared between employer and employees who chose to be covered under the health insurance plan. Tax incentives meant for small businesses may be available to you if you offer group health insurance to your employees.