You don’t have to have an MBA to understand it: offering health benefits is an effective way to make your job listing more attractive. Not only that, but it’s also a surefire way to increase job satisfaction, which can save a lot of HR and onboarding time down the road.

But who can afford health insurance these days?

If you’re a small business looking for an affordable, flexible benefit option, then stick around. Employee Health Sharing Plans are here, and they’re primed to help local businesses thrive in a quickly-recovering economy.

The problem: Health insurance benefits are too expensive for small companies

With the monthly cost of health insurance hitting $2,000 for some families, it’s no surprise that some employers are reluctant to dive into health benefits. This is especially true for small businesses with fewer employees, who are not actually obligated to provide insurance.

But it doesn’t matter how small or big your company is. A 2020 study by industry research firm Fractl found that health, dental, and vision benefits are among the most desirable employee benefits. It follows then that giving your employees access to some form of health coverage is a good way to attract talent and reduce turnover.