Do you believe that the approach to Group Health plans for small businesses will change or stay the same after COVID-19 runs its course?
Answered by:
I think regarding Group Health plans, Small Business owners will shift their focus more towards Supplemental plans, which are individual plans that require NO financial participation from the business owner. The plans are individually chosen by the employees and they can elect as many plans that meet their personal and family need. It will be based on what individuals can afford and if someone leaves the company,you can take your coverage with you with NO increase in premiums.