The Benefits of Business Health Trusts for Small Businesses

The Benefits of Business Health Trusts for Small Businesses


Small  businesses  face a number of challenges when it comes to providing health insurance for their employees. The cost of health insurance can be prohibitive, and the administrative burden of managing a health plan can be time-consuming and complex.

A business health trust (BHT) can help small businesses overcome these challenges. A BHT is a legal entity that is owned by a group of businesses. The BHT pools the health insurance needs of its member businesses, which allows it to negotiate lower rates with insurance companies. The BHT also provides administrative services to its members, such as claims processing and customer service.

There are a number of benefits to using a BHT for small businesses. These benefits include:

  • Lower health insurance costs: BHTs can negotiate lower rates with insurance companies because they have a larger pool of members. This can save small businesses significant money on their health insurance premiums.
  • Simplified administration: BHTs take care of all the administrative tasks associated with health insurance, such as claims processing and customer service. This frees up small businesses to focus on their core business activities.
  • Increased flexibility: BHTs offer a variety of health plan options, so small businesses can choose a plan that meets the needs of their employees. BHTs also offer a variety of wellness programs, which can help to improve the health of employees and reduce health care costs.

If you are a small business owner, you should consider using a BHT to provide health insurance for your employees. A BHT can help you save money, simplify administration, and increase flexibility.

Here are some additional resources for small businesses that are considering using a BHT:

  • National Business Group on Health:
  • America’s Health Insurance Plans:
  • Healthcare Financial Management Association:

I hope this article has been helpful. If you have any questions, please feel free to contact me.