Savvy small business owners have their ears to the ground over employee benefits trends and opportunities, and now is the time of year when the forecasts beyond 2015 are in circulation. While no one has a crystal ball, a lot of character to say the next big thing in health benefits individual health insurance is reimbursement. Here's why. 
group health insurance for small businesses no longer Works
trends or changes often are driven by something is not working; something that is broken. In this case, group health insurance is broken. It does not work for small businesses or employees. We often speak in this blog about how the cost of the group health insurance are not sustainable -. That's because to cover the cost for a single employee 174% increase since 1999 and to cover the cost of a family has 191% increase
stopped working Additionally group health insurance because it is limited (you lose coverage when you leave your job), it is one-size-fits-all, and it is unstable. For more information read why group health insurance is not the best solution.
As a small business owner or HR Administrator, you are probably familiar with the headache to manage (financially and otherwise) with a group health insurance.
As such, experts predict a massive shift from group health insurance for individual health insurance in the coming years.
For example, Dr. Ezekiel Emanuel J. in his recent book "Reinventing American Health Care" predicts that less than 20% of workers in the private sector until 2025, traditional employer-sponsored health insurance be obtained.
S & P Capital IQ, a division of McGraw-Hill, came to a similar conclusion . They predict that by 2020, 0% of American employees who could receive health insurance through their employers currently to individual health insurance and state exchanges be moved.
Why the acceptance of individual health insurance is a good thing
drop health insurance as a company group be they health benefits not covered as a whole, leave. They are introducing new solutions. A common solution is the individual health insurance reimbursement.
Well, if small businesses think about individual health insurance, they often have some questions. Is it as good as group health insurance? I have sick employees (or family members) ... as they afford coverage? I do not, I offer group insurance under health reform?
If individual health insurance as well as group health insurance?
Yes. And in many cases, individual health insurance is better because it is less expensive (yes, you read that right), allows the selection, and will remain with the staff when they change jobs.
And, most employees are now entitled (called "premium tax credits") subsidies for individual health insurance for monthly federal tax - but only if your company does not offer group health insurance
I have. sick employees (or family members) ... as they afford coverage?
Under health care reform, insurance may refuse the health of the individual is no longer coverage, or charge more for coverage because of a pre-existing condition. Simply put, do not interfere with medical conditions, what you pay for coverage.
you not, that I offer a group health insurance under health reform?
No! Small businesses (with fewer than 50 employees) are not mandated by the health care reform, offer health insurance to the group, and will be no charge for the non-traditional reporting.
The Next Big Thing pay health benefits
group health insurance is broken and individual health insurance is better now. So, where does that leave benefits to employees? The answer -. Individual health insurance reimbursement
With individual health insurance reimbursement, your small business of its group health may terminate plan (if you have offered to start with) and enter all or part of the savings to employees they reimburse for their individual health insurance premiums.
There are a few ways to go, employees for individual health insurance (see this manual) to report, and there are pre-tax and after-tax options.
The bottom line? Your These changes mean that your small business can obtain health insurance from group while still allowing employees quality health insurance to get, and a health benefits program provides that help recruit and retain the best employees.
Will How popular obtain individual health insurance reimbursement?
say all signs of this approach, the future of small business is health benefits, not just a fad. In a recent White Paper we, that 60% of small businesses predict traditional group health insurance in favor of the insurance reimbursement individual health eliminated by 2017 - just over two years away.
What do you think? Is individual health insurance reimbursement the next big thing? Leave a comment below.
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