What's the deal with an employer's health insurance?

If my first career move is to open up 3 food franchises in Las Vegas (two Auntie Anne's and a Dippin' Dots; possibly an applebees later on) I am considered an employer, right? cause i'm hiring college students or part time employees.





How does MY health insurance work?

if i'm single, what would be an annual estimate of a great plan?



And do I have to pay for any of my employees health insurance?What's the deal with an employer's health insurance?
If you have employees you are an employer. Doubtful you can run all these businesses yourself.



You'll need to call around and get quotes for your health insurance. Terms and premiums vary greatly.



You do not have to provide health insurance for your employees. Typically those types of businesses do not provide insurance except possibly for managers. It is your choice.What's the deal with an employer's health insurance?
OK, YOUR health insurance, likely, is going to be a private policy. Individually charging for you, individually rated.



If you want a GROUP health policy, you have to insure more than one person. You have to allow EVERYONE in that class of employment, access to the policy, and you have to pay for it equally - example, the business pays 100% of everyone's coverage, or 50% of everyones plan, or $200 a month of everyone's plan.



If you're single, 30, and healthy, a great low/no deductible plan is going to cost you $300 a month.



You are NOT required, as an employer, to provide health insurance for your employees. You ARE required to provide workers comp, and no mall is going to let you in, unless you ALSO have general liability.



Health insurance is the LEAST of your worries.