Lunch & Learn - How to Reverse Escalating Health Insurance Costs... Permanently
Friday, September 14, 2018
Many companies in New York State struggle with spiraling health insurance costs. Premiums have risen nearly five times the rate of inflation over the last 15 years. Your employees are distressed over ever-increasing premiums and higher out-of-pockets, and your bottom line is suffering. And most employers feel trapped thinking “nothing can be done.”
Attendees will learn about uncommon strategies to take control of health care claims to:
1. Lower health insurance costs—in some cases by as much as 20% to 30%—without drastically cutting your plan’s benefits or shifting more costs to your employees;
2.Keep future health insurance increases closer to 3% rather than the 8% to 15% that have been the norm for several decades;
3. Lower plan copays and deductibles so that your employees will be happier with the health plan.
These strategies are relevant for employers with 100 or more employees. For smaller employers, we will briefly discuss Professional Employment Organizations (PEOs) as a strategy to delegate most employer-related responsibilities and save money on health insurance.
Both larger and smaller employers will be able to request a customized, no-cost analysis illustrating how much can be saved by implementing these strategies.