Do you consider health care coverage important to your business? A recent survey about this subject has some surprising revelations. For one, male entrepreneurs are more concerned about health insurance to employees, compared with the female entrepreneurs. According to USA Today:

The American Express survey of 627 small-company owners and managers found that 67% of men vs. 59% of women feel such coverage is important. The results, out today, are surprising to authorities on female-owned firms who believe women put more emphasis on health benefits.

Moreover, the number of small businesses with health insurance has declined given the rising premiums. Here are some tips to help you minimize your health care expenses:

  1. Know all your options. Compare the premiums and perks offered by different insurance companies to get the best deal possible. With so many competitors in this industry, you have a good a chance of getting lower rates. Search over the internet and ask other entrepreneurs in your area about their experience.
  2. Be part of a group. If you have less than 10 employees, you can partner with other entrepreneurs to create a bigger group. As your group becomes bigger, your premiums will be significantly lower.
  3. Have a wellness program. You should be proactive and create a comprehensive fitness program for your employees to follow. As they say, “an ounce of prevention is worth a pound of cure.” It can also include a diet guide and disease management counseling for chronic diseases like hypertension, diabetes, and asthma.