Employee Benefits Packages for Small Business in Indianapolis: What They Really Cost

If you’re a business owner, bookkeeper, or HR manager in Indianapolis, you’ve probably asked yourself: How much do employee benefits packages really cost for a small business?

The answer depends on what you choose to offer and how much you decide to pay toward your employees’ plans. But there are a few simple rules every employer should know.

Health Insurance: The One Benefit You Must Help Pay For

When you offer health insurance in Indianapolis, the law says you must pay at least 50% of the cost for the employee’s plan.

✅ You only have to pay toward the employee’s coverage.

❌ You do not have to pay for the employee’s spouse or family.

Health insurance costs are itemized by person. That means you’ll see a separate price for the employee, their spouse, their children, or the whole family. This makes it easier for businesses to control what they spend.

Voluntary Benefits: Optional but Valuable

Other benefits—like dental, vision, disability, or life insurance—are called voluntary benefits.

Employers are not required to pay for these.

Many still choose to help because these benefits:

Keep employees happy.

Make it easier to keep good workers.

Don’t always cost much when set up the right way.

For small businesses, voluntary benefits are an easy way to add value without taking on a big cost.

What Top Indianapolis Companies Do

The rule says employers only have to cover 50% of the employee’s health insurance, but the best companies in Indianapolis often pay much more.

In blue-collar industries, we see many employers cover 70% or more of benefits.

In white-collar industries, some cover up to 90% of benefits.

These businesses usually enjoy:

Happier employees

Workers who stay longer

Steady business growth

It shows that when you invest in your people, it pays off for your company too.

Final Thoughts

If you’re looking into employee benefits packages for small business in Indianapolis, remember:

You must pay at least 50% of the employee’s health insurance.

You don’t have to pay for family members or voluntary benefits, but you can if you choose.

The most successful companies often go above and beyond, and it helps them grow.

👉 Want help building the right plan for your business? Visit blackironfinancial.com/indianapolis