When extension time this year, many small businesses will face stickers shock at the new rate hikes for group health insurance in 2015. Many small businesses are looking for cost-effective prevention strategies with the rate increases this year deal. A popular solution in small and medium enterprises is to change employees to individual health and to reimburse for their premiums.
The rising cost of group health insurance
The costs are always prohibitive for small businesses and their employees. Small Business Health Insurance have the cost almost doubled since 09, with 91 percent of small businesses increases their health plan at its recent renewal insurance coverage.
costs further in 2014. In fact rise, the Kaiser Family Foundation annual employer gave health survey (2014), that the cost of the group for family coverage health insurance has risen 26 percent in the past five years, and 69 percent in the past decade. 
Chart: Kaiser Family Foundation
The Kaiser survey also revealed that small businesses are less likely to have health benefits for their employees to offer. Among small firms indicating that offer no benefits in 2014, cost was the main reason.
It looks like these rate increases is based on preliminary results of the survey by Mercer National Survey of Employer-Sponsored Health in 2015 continue plans, group health insurance prices will rise by an average 3.9 percent in 2015-- and the is if the companies to make significant changes to their existing plans.
According to the survey, the projected increase actually reflects cost mitigating actions take the company. If the company not to make any changes to their existing plans, projected costs would rise by 5.9 per cent on average 
chart :. Mercer
The solution for Sticker Shock
Small companies can have their group health insurance to mitigate the cost with a simple solution: do not renew their group health insurance; However, benefits overall health fall is not a viable option for many small business owners or their employees. Many small businesses are considering to recruit a premium refund plan to offer health benefits and keep top talent.
set up by a premium refund plan, small businesses reimburse employees tax-free for individual health insurance. To resolve company, their costs on a monthly basis, and employees can choose a health insurance plan that best meets their health and financial needs.
In addition, individual health insurance costs up to 60 percent less than group health insurance, premiums make reimbursement is an effective solution for companies that want to reduce their employees on health costs.
set this, the company must first decide how much they contribute towards the employee cost health insurance. This allowance or "defined contribution" may be the same for all employees, or it can vary on employee class and / or family status.
to stay vorschrifts, should use these refunds on respect, companies reimbursement software make plan administration easy
With the cost of group health insurance renewals on the rise, companies are facing huge cost challenges and looking for inexpensive alternatives to group health insurance to help. The resulting solution is a premium refund for individual health insurance.
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