Although not forced to offer many small business owners see employer - 
provided health benefits as an absolute necessity. Current employees appreciate the gesture and take it into consideration when weighing their long-term options, while many potential employees see as a decisive factor when multiple offers are on the table.
Unfortunately, other important factors come into play - including the cost. Many small businesses already providing medical benefits are concerned about the price tag up. While the average annual premiums rose 4 percent from 2014 to 2015, workers' wages have increased 1.9 percent and inflation actually declined by 0.2% as benefits 2015 health employees of the Kaiser Family Foundation Survey .
because of the desire to provide health insurance benefits, but also taking into account increased prices, owners and managers are looking at a variety of tactics to save money on the company's health perks.
top -Deductible policies with health savings accounts
small businesses that contribute to health savings accounts allow employees to use pretax money to cover medical expenses. HSA roll from year to year and can be financed by the employees or the company.
Unfortunately for employees, HSA often associated with high-deductible policies. High-deductible policies are paired with low monthly premiums, making them a good choice for people who do not plan to have many medical expenses.
Insurance Reduction suppliers Payouts
Beyond HSA, there are other ways to minimize insurance payments providers - and ultimately , slow down your company's premium inflows. For example, programs and wellness initiatives enable small businesses to save money creatively, with the added benefit of enhancing the core values of the company. A company can choose to reward gym members, non-smoking, healthy snackers, or employees who attend an information session.
Some companies also save money on health insurance benefits in providing disease management programs, staffed by nurses and supplied by insurers or third party providers. These programs help employees better manage and treat chronic diseases -. Many of which represent a significant share of employer health care costs
According to a study, "the management of the disease has reduced the costs of health care of $ 136 per member per month, driven by a 29% reduction in hospital admissions. "
Using the federal SHOP exchange
Some companies save time and money by through health options program in small business (SHOP), a group from the federal health insurance exchange market government where employers can find low-cost group plans that offer tax credits . Some of the greatest benefits of SHOP are control, flexibility and ease of use. SHOP The entire application process is online.
However, participation was lukewarm. The Office of the estimated SHOP government responsibility will likely fall rather short of its 2015 target of 2 million registrations.
Models Nontraditional
In some cases, the best options of insurance benefits are options outside-the-box - although often there are drawbacks key, too. Direct primary care physicians and allows small businesses to work together to provide more affordable preventive care. However, this model itself does not take sufficient account of the potential situations of high-cost emergency.
Another unique option is buying cooperatives that unite small businesses hoping to boost their negotiating power against the insurance providers.
Defined contribution health
one of the most popular ways that small businesses save money on health benefits is through the through contributions to health plans. Policy makers are discovering that lead employees to choose their own medical coverage appropriately sized by the health insurance market provides opportunities to enhance benefits, reduce the hassle and reduce costs.
Once employees have chosen their insurance policies, a small business can establish an allocation program to pay these people for their costs of health care.
Conclusion
The cost is top of mind for any small business that offers health insurance benefits. There are many opportunities to save creatively and strategically money on health benefits, including the use of a defined contribution health plan. Review your options before choosing a solution that meets your business needs.
What questions do you save money on health insurance?
0 Komentar