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Whether you’re an individual or running a business, paying for health insurance can be challenging. It is often one of the top, most critical expenses that small businesses must contend with. However, there are ways to keep your costs under control. Here are three really good ways to lower your health insurance costs today.

Get Expert Help

Unless you’re an insurance company, you’re probably at a disadvantage when it comes to buying insurance for your business. So don’t take a stab in the dark at something that is so important. Instead, seek expert support that can help you manage your insurance bills more effectively. Our team at VerifiaBill is a great example of this sort of support. We’ll ensure you aren’t paying any more than you should for health insurance. We’ll even break down all of your costs in one simple and transparent bill.

Use Your Tax Deductions

While health insurance costs can be expensive and unpredictable, they also offer some tax advantages. Many of the new tax laws can actually help your company save money when it purchases health insurance. Companies that offer group plans or pay some of their employees’ coverage often can write off those costs as a tax deduction. People who are self-employed can normally deduct their health insurance costs as well. Additionally, there are many tax credits available to small businesses that provide health insurance to their employees.

Go SHOPping

The government actually has a program to help small businesses find the best health insurance coverage available. The Small Business Health Options Program, or SHOP, can help your company find the best health insurance rates in your market. It can also help you identify any discounts or tax credits you may be eligible for as well. So take advantage of SHOP, it can definitely help you find the most affordable healthcare plan out there for your business.

Parting Shot

Buying good health insurance coverage can be difficult. However, it’s not impossible, and there are even ways to save a few dollars. So follow these tips, and start lowering your health insurance costs today.