In a self-funded group health plan, you as the employer eliminate obligations to an insurance carrier by assuming the risk of providing financial health care benefits to your employees yourself. This is an ideal setup for business managers who are willing to assume more risk to hopefully see a higher payoff at the end of […]

Health care was a focal point of Joe Biden’s presidential campaign. In his first two months in office, President Biden has already addressed several core issues. However, there’s much more to come. Topics such as the Affordable Care Act (ACA), the establishment of a public option, expansion of Medicare and Medicaid, lower drug pricing, and […]

Employers that want to control rising health insurance costs often consider making design changes to their employee benefit plans. Typically, these plan design changes are effective at the beginning of the plan year, and communicated to employees during an open enrollment period that precedes the start of the plan year. However, depending on a number of factors, employers may […]

Competitive employee benefits packages are essential for attracting and retaining quality employees, but continuing to offer them can be tough with the rising cost of health care squeezing an already tight budget. Cutting benefits may seem like a necessary reality for some companies, but could have serious long-term consequences.   Retaining top talent is crucial for your company to remain […]