Individual health insurance is the fastest growing form of small on US health insurance, especially for medium-sized enterprises to. Before the Affordable Care Act (ACA), less than ten percent of Americans had coverage under an individual insurance health. Most people buy insurance through their employers. With the rise of defined contribution health benefits and the ACA, the individual health insurance market is an affordable option for small businesses.
. For most people, individual health insurance costs less than group health insurance In addition, as in 2014, individual health plans have new advantages for small businesses. This article provides an overview of how small businesses can use individual health insurance as the basis for affordable employee health benefits.
How important is the Small Business Health Insurance Costs?
Small businesses are facing double-digit premium increases this year at renewal time. As with group insurance premium cost is typically divided between employer and employee, both parties are exposed to higher health care costs. increase the premiums typically every year based on the healthcare costs of the employee group from the previous year. With group health insurance, the risk of the company is distributed. - The number of employees covered, the younger or healthier employees is not fair that otherwise a significantly lower premium would
Small Business health insurance costs have nearly doubled since 09, with 91 percent of small businesses increases their health plan report on their most recent health insurance renewal. In February, a report by the Centers for Medicare & Medicaid Services (CMS) found that about 11 million small businesses employees, more than 65 percent, the health insurance will see premium increases due to the ACA.
A common misconception about individual health insurance, that it is more expensive than group health insurance through an employer. In fact, insurance individual health costs by up to 60 percent less than group health insurance.
The federally run marketplace, 87 percent of those who receive a health plan selected premium tax credits, and pay an average of 82 $ / month. This is published according to a new report by the Department of Health and Human Services (HHS). While the average premium is $ 346 / month, bringing the premium tax credits, the cost considerably. For Silver plans, the most popular type of plan, 94% receive tax credits and pay an average of 69 $ / month.
The table below shows a comparison of the average group health insurance premiums in America the average individual health insurance premiums. 
How can small business employees help with individual health insurance premium costs?
confronted with group rates health insurance is on the rise and many small businesses marked increases in premiums employers have enormous cost challenges looking and cost-effective alternatives for group health insurance.
Since small businesses (less than 50 full-time equivalents) are to the employer shared responsibility payment under the ACA not object, they can use their health benefits reduce costs by not renewing their group health insurance plans and employees individual health insurance paired with a premium refund program.
by switching to a premium refund program, small businesses can offer their employees the transition with a health benefits assessed while all the benefits and flexibility that offer individual health insurance.
Questions about premium reimbursement plans? 
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