Health Care Service Employee Leasing quotes
If you own or manage a Health Care Service company, StaffMarket may have a PEO – employee leasing program that can help your company. Professional Employer Organizations (PEO) have helped thousands of small and mid-sized businesses obtain better employee benefits for their employees and access competitively priced workers’ compensation insurance.
Like many companies, Health Care Service business owners and managers have discovered that as their business grows, the administrative aspects require more and more time. Eventually the company needs to hire additional administrative staff or outsource those tasks to a third party. As the regulatory and legal environment for business gets more complicated many companies have hired a PEO or employee leasing company to handle those non-revenue producing activities that do not enhance the Health Care Service company's bottom line.
While many payroll services options are available for Health Care Service companies, a professional employer organization (PEO) will take it one step further. In addition handling all payroll calculations for wages, taxes and benefits deductions, a PEO will also directly remit amounts due to the taxing authorities (state and federal) and also provide all insurance premiums to the carrier. Your company avoids the risk of fines for late payments. A PEO will ensure that your Health Care Service company employees get advantageous tax treatment (section 125) so that any deductions for health insurance get deducted prior to tax calculations. Learn more about PEO payroll services.
When you join a PEO, workers compensation insurance is part of the package. Depending on your claims history many Health Care Service companies have found that using a PEO offers significant savings for work comp insurance. A PEO will provide advice on workplace safety so that employee injuries are minimized. In addition, no large deposits are required since the work comp insurance is “pay as you go”. Finding a PEO that provides work comp coverage for
Finding a PEO that provides the “best-fit” employee benefits program for your Health Care Service company can be challenging. PEOs offer a wide variety of coverage plans and administrative options for managing your employee benefits plans. As the cost for health insurance has increased, PEOs have worked hard to keep costs in check. Contact StaffMarket for more information about PEO benefit plans available for your Health Care Service company. Learn more about PEO Health Insurance and Employee Benefits.
PEO companies can also assist your Health Care Service company handle various HR issues like employee handbooks and pre-employment background screening. A PEO will act as your off-site HR department and will assist will all HR related subjects. With the increased litigation occurring regarding HR related areas, having a HR expert on your team is benefiting companies across the USA. In addition it ensures that your most valuable resource… your employees and managers, are getting solid guidance on HR related subjects.Learn more about PEO Human Resources Administration.
Hiring a Health Care Service PEO or a company that provides Health Care Service employee leasing services can be a smart move for your business. Let StaffMarket help your Health Care Service company review all of the PEO alternatives available in marketplace and find the best fit for you.
Note: HR Outsourcing services are available as a Professional Employer Organization (PEO) or by providing HR administrative services as an Administrative Services Organization (ASO). Contact StaffMarket for assistance with the HR Outsourcing types and options available and to get Health Care Service Employee leasing quotes for your company.
StaffMarket’s national database of Professional Employer Organization - PEO capabilities contains information about the types of companies that can provide workers’ compensation insurance for Health Care Service companies and associated SIC codes - Standard Industrial Classification.
StaffMarket’s counts of PEO companies covering these related business types:
| SIC Code | Industry Description | StaffMarket PEO Count |
| 9451 | Administration of Veterans' Affairs, Except Health Insurance | 207 solutions available ** |
| 80 | Health services | 208 solutions available ** |
| 8011 | Offices of Physicians, Mental Health Specialists | 204 solutions available ** |
| 8011 | Offices of Physicians Except Mental Health | 204 solutions available ** |
| 8031 | Offices of Doctors of Osteopathy, Except Mental Health | 210 solutions available ** |
| 8031 | Offices of Doctors of Osteopathy, Mental Health Specialists | 210 solutions available ** |
| 8049 | Offices and Clinics of Health Practitioners, NEC | 209 solutions available ** |
| 8049 | Mental Health Practitioners, Except Physicians | 209 solutions available ** |
| 8049 | Other Offices of Health Practitioners | 209 solutions available ** |
| 8082 | Home Health Care Services | 178 solutions available ** |
| 8093 | Outpatient Mental Health Facilities | 206 solutions available ** |
| 8099 | Health and Allied Services, NEC | 208 solutions available ** |
| 8099 | Other Health and Allied Services | 208 solutions available ** |
| 8361 | Mental Health and Substance Abuse Facilities | 194 solutions available ** |
| 8399 | Voluntary Health Organizations | 205 solutions available ** |
| 9431 | Administration of Public Health Programs | 207 solutions available ** |
| 6321 | Accident and Health Insurance | 211 solutions available ** |
| 6321 | Accident and Health Insurers, Direct | 211 solutions available ** |
| 6321 | Reinsurance Carriers, Accident and Health | 211 solutions available ** |
| 6324 | Health and Medical Insurers, Direct | 211 solutions available ** |
| 6324 | Reinsurance Carriers, Health and Medical | 211 solutions available ** |
| 6371 | Pension, Health, and Welfare Funds | 211 solutions available ** |
| 6371 | Health and Welfare Funds | 211 solutions available ** |
| 7352 | Home Health Furniture and Equipment Rental and Leasing | 209 solutions available ** |
PEOs offer some relief (in the form of assistance) from the regulatory burdens often faced by Health Care Service companies. According to a 2005 study provided by the Small Business Administration (See Page 13), the regulatory burdens on small and medium sized business are:
Type of Regulation |
All Firms |
<20 Employees |
20-499 employees |
500+ employees |
| All Federal Regulations | $5,633 | $7,647 | $5,411 | $5,282 |
| Economic | $2,567 | $2,127 | $2,372 | $2,952 |
| Workplace | $922 | $920 | $1,051 | $841 |
| Environmental | $1,249 | $3,296 | $1,040 | $710 |
| Tax Compliance | $894 | $1,304 | $948 | $780 |
According to this SBA study, the regulatory costs for Workplace compliance and Tax compliance averages $2,000 per employee per year for companies with less than 500 employees. PEO and employee leasing programs often cost less than half this amount. PEO and employee leasing programs can help reduce federal regulatory costs to your Health Care Service company or any other type of business. In addition this table does not include any costs for State regulatory burdens (like state unemployment taxes or state imposed workers’ compensation insurance costs). These costs are often significant amounts in addition to the amounts shown here. Learn more about PEO and employee leasing cost savings.
StaffMarket Services, LLC
Research Employee Leasing and PEO programs for other business types.
431 12th Street West, Suite 202
Bradenton, Florida 34205
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Phone: 941-750-9450
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Fax: 877-471-5608
Office hours are 9:00am to 5:00pm EST
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