Best health insurance options for small businesses

If you're a small business owner, you've got some options when it comes to health insurance.

1. Small-group health insurance. It's the traditional choice, but it's expensive.

2. The individual coverage HRA. With an ICRHA, you give your employees a tax-free health allowance to spend each month on the individual coverage that works best for them.

3. The qualified small employer HRA. A QSEHRA is designed for businesses with 50 or fewer full-time equivalent employees.

4. Self-funded health insurance. If you self-insure, you must have enough capital to cover all your employee's medical expenses.

5. Health stipends. You can reimburse employees for health insurance premiums, plus out-of-pocket costs relating to medical care.

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