Affordable Small Business Health Insurance
Lower Your Premiums & Save Tax Dollars
Large companies realize considerable savings in taxes and premiums in conjunction with their group health plans; smaller companies can too. If you have ten or more employees in your group health insurance plan, you need to do three things. You will cut taxes and reduce group health insurance premium for your company (and your employees). You'll soon see why we call it the SMART PACKAGE.
We provide small business health insurance plans to groups with a minimum of 10 full-time employees or business owners. A minimum of 5 employees must enroll to be eligible for a small business plan. Health insurance carriers require 75% of all eligible employees to enroll. If an employee already has group health insurance through their spouse or is on Medicare, that employee can be waived without affecting the group's eligibility as long as at least 50% of the employees participate in the plan.
Don't pay more than is necessary for your small business health plan. We can make your small business health insurance more affordable in three simple steps.
Agency Insurance Group is a leading Independent Insurance Agency based in Chattanooga, Tennessee.We have established ourselves as a national leader in the business medical insurance industry with the 'SMART PACKAGE' system. Our mission is simple...to provide value to our customers. That's a trite expression on which few are able to deliver. But with our expert guidance in establishing a Section 125 Premium Only Plan, along with a High Deductible Health Plan and a Health Savings' Account, we mean business.
Contact us today at 877-902-5010 to find out how you can start saving money.
Example of Employer Savings
Here is an example of the savings realized by one of our customers with annual payroll of $432,000 and average health insurance cost of $349.10 per employee.
| Employer Annual FICA Savings: | $5,959.33 |
| Annual Tax Savings per Employee: | $3,349.35 |
| Annual Premium Savings: | $22,721.52 |
Employers may also realize savings in FUTA, SUTA, as well as Workers' Compensation premium as a result of the lower payroll basis. Please consult with your local tax professional for the rules in your domicile state.
Note - for calculation simplicitiy we assumed that each employee had family health coverage
Tim Young, a partner at Agency Insurance Group, leads the SMART PACKAGE charge. Tim holds a Master's Degree in Business Administration and has 25 years experience in the Employee Benefits' Industry. He has 15 years of carrier experience in Financial Underwriting and Underwriting Management, as well as, 10 years of brokerage experience.
