Business Owner Guide for American Samoa
Healthcare Options for Your Business & Employees in American Samoa
As a business owner in American Samoa, providing healthcare benefits can improve employee retention, productivity, and satisfaction. Whether you own a small business or a larger company, here’s what you need to know about offering health benefits.
Who Needs This Guide?
You own a business and want to provide affordable health benefits.
You need to understand employer healthcare obligations.
You’re looking for cost-saving strategies for offering insurance.
Healthcare Coverage Options for Employers in American Samoa
1. Employer-Sponsored Health Insurance
Many private insurers offer group health plans for businesses.
These plans provide better rates and broader coverage than individual policies.
2. Health Reimbursement Arrangements (HRAs)
HRAs allow businesses to reimburse employees for medical expenses, including insurance premiums. Options include:
Qualified Small Employer HRA (QSEHRA) – For businesses with fewer than 50 employees.
Individual Coverage HRA (ICHRA) – Allows employers to contribute toward employees’ individual health plans.
3. Self-Funded or Level-Funded Health Plans
Larger businesses may choose to self-fund their insurance, assuming financial risk in exchange for potential cost savings.
Legal Requirements for Businesses in American Samoa
✔ Employers are not subject to all ACA regulations but may be required to provide benefits depending on workforce size.
✔ Small businesses offering insurance may qualify for tax incentives or federal subsidies.
Cost-Saving Strategies for Employers
💰 Small Business Health Care Tax Credit – Available for companies offering employee health coverage.
💰 Wellness Programs – Improve employee health and reduce long-term costs.
💰 Telemedicine & Supplemental Benefits – Lower overall healthcare expenses by offering virtual care options.
Where to Get Help
American Samoa Department of Health – Explore employer-sponsored healthcare options.
IRS Small Business Tax Guide – Learn about tax credits and compliance.
Tsunami Advisors – Get expert recommendations for cost-effective coverage.
➡ Need Guidance? Speak with a Tsunami Advisor to create a healthcare strategy tailored to your business!
