We pay 100% Healthcare, I want to buy an individual plan rather than a group plan for one employee (2x$$).

What are the implications, concerns, and considerations? Thank you for helpful comments!

  • FirstGenPersian@alien.topOPB
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    1 year ago

    This would increase income and might sound attractive to some but for many minimizing taxable income is preferred. My industry and staffing shortages make for a highly competitive market. Healthcare is the most sought after benefit and by offering it 100% paid, we have an advantage over competitors to attract and retain employees. Also, it reinforces that health and well-being are valued and premiums are tax deductible. I hope you are one of my competitors with this view.