Okay, so youre a small business owner, right? Health Insurance Portability: Dont Get Caught Off Guard . managed it security services provider And youre probably thinking, "Health insurance?
Basically, portability means if an employee leaves your company, they can take their health insurance coverage with them, kinda. check Not exactly the same plan, usually, but it gives them the right to enroll in a new individual health plan without having to wait for an open enrollment period. Think of it like transfering your frequent flyer miles, but for healthcare! (Sort of!)
Now, theres a catch (of course, theres always a catch). They have to meet certain requirements.
Why is this important for you? managed it security services provider Well, offering benefits like this, even just the understanding of portability, can make your business more attractive to potential employees. People want security, especially when it comes to healthcare. Knowing they wont be completely without coverage if they leave your company gives them peace of mind. It makes you look like a good employer who cares about their employees well-being.
Plus, understanding portability helps you comply with the law, which is always a good thing.
So, yeah, health insurance portability. It might seem like a small thing, but it can make a big difference for your employees and your business! Its worth looking into, I promise.