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?

Health Sharing Plans for Business

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.

I know what you’re thinking. “How the @#$% am I supposed to afford employee health benefits?”

With Employee Health Sharing Plans, setting up a company benefit plan is a lot cheaper than you might think.

To learn more about the best way to offer health benefits to your employees, schedule a free no-obligation consultation with one of our Personal Benefits Managers.

Health care cost sharing: A more affordable benefit package for small business

Never heard of health sharing? You’re not alone. But in the last few years, hundreds of thousands of Americans have been making the switch, ditching their high-premium insurance for flexible and affordable health sharing.

What is health sharing anyway?

Also known as medical cost sharing, healthshare plans are designed to cover the cost of large or unexpected medical services. These are not insurance plans at all, but rather a like-minded community of individuals who are committed to making health care cheaper for everyone involved.

Not only is health sharing more affordable than traditional group insurance, but it can also be a lot easier. Most healthshare organizations can send a single bill to employers, allowing them to take care of their entire health benefit costs with a single check.

 The pros and cons of employee health sharing plans


  • Health sharing plans are less expensive than traditional group insurance.
  • Employers can pay a single bill for all their employees, cutting on administration time.
  • Employee healthshare plans can be HSA qualified when paired with Minimum Essential Coverage (MEC).
  • There is no minimum contribution amount for employers
  • Health sharing plans have fewer network restrictions, letting employees choose their care providers 


  • Many health sharing plans come with waiting periods on pre-existing conditions
  • Some plans do not cover preventive care
  • Members must agree to a Statement of Principles or Statement of Belief in order to join (Not all healthshare organizations are faith-based)

Sedera Select+ medical cost sharing: Added value for you and your team

The Sedera Medical Cost Sharing Community offers more than just health cost reimbursement. With a 24/7 telemedicine line, an RX prescription discount card, and an innovative member rewards program, Sedera is a great option for any business looking for a way to offer a health benefits package.  

This is one of more popular health sharing plans available to small groups. Certain other health sharing organizations, such as Altrua Health, MPB, and netWell will also list-bill for small groups.

Is health care cost sharing right for my employees?

Your Personal Benefits Manager is an expert at employee health sharing plans. With a quick, no-fee consultation, they can help you find the health sharing plan that matches your company’s needs.

For a quote on a group, please fill out this Census Form, or schedule a consultation with one of our small business experts.

Here are some additional articles on healthsharing programs: Best Healthshare Plans Comparison Guide 2023 | Boost Your Company’s Benefits Package with A Small Business HSA: A Step-By-Step Guide

Here are some additional pages related to this article: Health Insurance for Small Business 2023:
The Only Guide You’ll Ever Need
| Everything You Need to Know About Group Health Insurance Plans for Small Business [2023 Update]