Understanding Health Insurance Needs for Small Businesses in the U.S. to Formulate the Information Technology Strategy

In the US, typically employers choose a basket of health insurance plan providers and their health plans, out of which their employees can choose. Although this appears to give the employees a choice, yet it may not meet their personal benefit preferences. Therefore, a question arises: whether the health insurance provided by the employers satisfies the health insurance benefit preferences of the employees. The question of discernment between the health insurance benefit preferences of employers from their employee is very crucial in the era of health care reforms that were recently passed by the US Congress and signed into law by the president. In particular, the answer to this question is very important to a small business with employees between 2 and 50. According to the Patient Protection and Affordable Care Act, if a business has less than 50 full time employees, average wage of employee is less than $50,000 per year, and business contributes Understanding Health Insurance Needs for Small Businesses in the U.S. to Formulate the Information Technology Strategy