All posts tagged costs

Small Businesses Can Control Costs with a Self-Funded Health Plan

Categories: Team K Blog
Comments Off on Small Businesses Can Control Costs with a Self-Funded Health Plan
“Small business owners tend to change their insurance plans often, as they search for more affordable insurance. Not only does this switching impose costs on the businesses, but it also motivates insurers to take short-term approaches to health coverage for small businesses.” This does not have to be the case at all. Small businesses don't have to jump from plan to plan, leaving employees feeling uncertain and in a continual state of re-adjustment. Today, smaller employers have some options that weren't available to them just a few years ago. A third-party administrator can help a small employer craft a health plan that fits their particular needs. And a self-funded plan is not stagnant. It can be altered to accommodate changes in a small employer's work population, providing much-needed flexibility. Read more

Employers Continue to Look for Savings

Categories: Team K Blog
Comments Off on Employers Continue to Look for Savings
"Employers have been careful not to shift premium costs to employees, but have decided that the better way to shift costs is to require those who use health care services to pay more." Read more