"How I found affordable coverage for my family after Medicaid dropped us and insurers wanted $30,000"

Insurance brokers earn more money when they sell more expensive plans. This means they might not always recommend the most affordable options.

Many businesses don't know that brokers get paid this way, even though they're required to disclose it.

Some experts suggest paying brokers a flat fee instead, so they focus on finding you the best deal.

It's nearly impossible to compare insurance plans side by side because prices and terms aren't standardized.

The same insurance company might charge different prices for the same coverage, depending on who's asking.

Hidden fees and complex pricing make it hard to know if you're getting a good deal.

In most areas, only 2-3 insurance companies control the market, giving small businesses few choices.

Less competition means higher prices and fewer options compared to what large companies get.

The situation is getting worse as big insurance companies keep buying up smaller ones.

Small businesses usually don't have HR departments, so owners have to handle complex insurance tasks themselves.

Paperwork and administrative costs now make up almost half of healthcare expenses.

Keeping up with changing healthcare laws adds even more work for business owners.

With fewer employees, one serious illness can cause everyone's rates to spike the next year.

Insurance companies charge small businesses more because they see them as riskier.

Unlike big companies, small businesses can't spread the cost of expensive claims across thousands of employees.

Insurance plans often come with hidden fees that significantly increase your actual costs.

Pharmacy benefit managers (PBMs) keep drug manufacturer rebates instead of passing the savings to you.

If your employees need care outside your network, you might face unexpected charges.