Health and Benefits 101

Health and benefits insurance hero

Question 5

When do businesses typically purchase it?

Benefits provide a clear and immediate competitive advantage. That’s why businesses – whether they’re just getting started or are mature – should offer the best plans they can afford as soon as they can.

  • Startups typically begin with the basics – basic health care, group life, and short- and long-term disability.
  • Evolving businesses typically add more ancillary health care like dental and vision coverage.
  • Every business needs to comply with the provisions of the Affordable Care Act (ACA) from day one.

Next Question: What is open enrollment?

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All insurance products will be offered and sold only through Automatic Data Processing Insurance Agency, Inc., its licensed agents or its licensed insurance partners, 1 ADP Blvd., Roseland, NJ 07068. CA license # 0D04044. Licensed in 50 states. Automatic Data Processing Insurance Agency, Inc. is an affiliate of ADP, LLC. Certain services may not be available in all states. Certain services are provided through the carrier partners and an additional carrier fee may apply. ADP and the ADP Logo are registered trademarks of ADP, LLC. Copyright © 2016 ADP, LLC.