Affordable Care Act
Buy Sell Agreement
Critical Illness Insurance
Employee Assistance Programs
Health Savings Account
Minimum Essential Coverage
Reference Based Pricing
Term Life Insurance
Delivering a strong benefits package helps you not only attract great employees, but retain them. The centerpiece to your employee benefits is usually health insurance. Health care costs have exploded in recent years, so giving your people the coverage they need goes a long way toward creating job satisfaction and a healthy team in your organization.
The number one in-demand employee benefit is health insurance, and for good reason. After all, who can afford to pay for modern medical care 100% out of pocket? Practically no one has that kind of financial ability.
Health insurance is the most sought after of all employee benefits by skilled labor in search of a new job. Only paid vacation time can compete with employer-based health coverage when it comes to employee preferences.
Employees have an important role to play in bringing down the cost of health care. Here's what you need to know about the movement to turn employees from passive agents into savvy healthcare consumers.
A bill that aims to end the practice of "surprise" medical bills was recently proposed, and it has garnered widespread bipartisan support. Lawmakers from both parties, including President Trump himself, have been expressing their desire to end surprise billing for a while. Until now it's mostly been talk, but with such widespread support and a strong desire from all sides to tackle the problem, all signs point to this bill — or something very similar — soon becoming law.
Trying to create value without knowing what's actually valuable is a waste of effort. It's a universally applicable sentiment, but it's especially true when talking about employee benefits like health insurance. You don't want to give your employees insurance that they don't — or can't — fully make use of. It's a waste of your resources and of their time.
Most Americans still get their health coverage through you, the employer. Unfortunately, the rising cost of healthcare is making it harder and harder to offer great insurance without passing at least some of that burden on to your employees.
Yes, the cost of healthcare is still rising, but it's not all bad news. There are always forward-thinking entrepreneurs ready and willing to meet a need in the market. Being the business who comes up with a creative and sustainable way to contain healthcare costs is enticing, and after all of this trouble we may just end up with a model of health insurance that's better for everyone involved.
To err is human. That was the title of a 1999 paper by the Institute of Medicine. In it, they tackled a number of issues regarding how to make hospitals safer for patients and practitioners. It's a noble goal, but one that can never be fully satisfied. Medical professionals are humans, and humans will always make mistakes.
In many cases, self-funding your medical plan can be an effective way to bring down your health spending without sacrificing too much on quality. However, there's one important facet that many employers, especially mid-size and smaller businesses, must prepare for. That is the liability associated with self-funded plans and how to avoid carrying that risk on your balance sheet.
✔ Call 866-795-4283 to schedule a consultation.
We believe in revealing the real problem, challenging the status quo, and providing definable solutions.
Summerlin-Roberts uses a professional diagnostic process to help you categorize your needs & prioritize objectives.
We'll identify solutions that will specifically fit your needs. Any recommendations made will support your end objectives.
Once we have executive buy-in, we oversee the implementation of any new technology, solutions, or benefits from start to finish.
Summerlin-Roberts monitors market trends, technology and more. Our team works hard at maintaining a best in class approach.