Health plan design is just one piece of a comprehensive benefits strategy that will impact where you fall on the list of great employers. We partner with your team to understand your mission, corporate culture and demographics in order to connect them to your benefits strategy. We then map out a complete benefits strategy that stems the tide of rising costs and improves employee engagement — all making you an employer of choice.
We help you find and keep the right talent by designing benefit plans that improve recruiting and retention, provide tools that empower employees, assist with leadership development and educate employees to increase engagement.
We show you how to maximize the ROI of your benefits strategy with creative options for healthcare plans and employee benefits. You see a positive impact to your bottom line as we help you manage health plan costs, understand and target key cost drivers, avoid costly compliance mistakes, boost employee productivity and reduce turnover. Offerings include:
The Cadillac Tax is set to go into effect in 2020, after having been delayed by Congress a few years ago. What should employers do now? Estimate your exposure to the Cadillac Tax using reasonable assumptions, look for ways to minimize or delay the exposure, make incremental changes and prioritize large changes where feasible. This can put you in a good position for facing and responding to the Cadillac Tax.
Three of every four dollars employers spend on health costs are used to treat chronic conditions such as obesity, hypertension, diabetes, asthma and depression. These same conditions create workforce absenteeism costing U. S. employers $153 billion annually of lost productivity. About 86% of full-time workers are above normal weight or have at least one chronic health condition. Therefore, most of an employer’s health plan costs may be preventable with a strong wellness program.
Changes to the Affordable Care Act (ACA) could still happen but are becoming increasingly unlikely this year. Therefore, employers need to take charge of their health plans and ensure they address rising costs under the current framework. While there are plenty of possible strategies that exist, working with an advisor can ensure you find the best strategy that fits with your culture, is compliant, and does the best job to reduce or mitigate costs.
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