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As a human resources professional or private employer with employees in New Hampshire, you need to know which employee benefits and policies the Granite State requires. Want to offer personalized benefits that work for your employees no matter where they live? Schedule a free consultation with a personalized benefits advisor.
If you're based in or employ workers in New Hampshire, it's important to familiarize yourself with the state's benefits and HR compliance laws. This guide to HR laws in New Hampshire will provide a general overview of the laws you need to know. State and federal laws protect employee rights. In addition to what federal law requires, New Hampshire employment law mandates that employers must provide eligible employees with specific employee benefits and accommodations.
No matter what benefits you offer your employees, you must provide any policies related to your fringe benefits at the time of hire. Organizations of all sizes face challenges when finding health insurance coverage. There are three primary ways to provide health benefits to your employees:.
Traditional group health insurance plans are a form of employer-sponsored health coverage. Employers and employees typically share premium costs, and risk is spread across the entire group to reduce benefit costs. The table below shows the average single premium per enrolled employee in New Hampshire for New Hampshire share of annual premium contribution.
New Hampshire annual premium contribution amount. However, rising premium costs have made it challenging for small and midsized businesses to offer traditional group health insurance. But in New Hampshire, individual health insurance tends to be cheaper than group coverage.