3 Ways to Combat Health Reform Chaos

Because regardless of how health care reform turns out, it has and will continue to do little to directly impact employers top two concerns, health care costs and employee retention. (Related: Finding the Next Generation of Brokers ) Waiting to see what happens with one heavy-hitting-benefit is keep...

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Bibliographic Details
Published inThinkAdvisor
Main Author Hesler, Steve
Format Trade Publication Article
LanguageEnglish
Published New York ALM Media Properties, LLC 11.08.2017
Subjects
Costs
Employees
Employers
Health care expenditures
Health care policy
Health insurance
Major medical insurance
Reforms
United States > US
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Summary:Because regardless of how health care reform turns out, it has and will continue to do little to directly impact employers top two concerns, health care costs and employee retention. (Related: Finding the Next Generation of Brokers ) Waiting to see what happens with one heavy-hitting-benefit is keeping some companies from implementing health care cost reduction techniques as well as building comprehensive programs now that can attract and keep top talent, an increasingly important skill during today's relatively low unemployment rates. Redesign the benefits package with a higher-deductible health plan to reduce health insurance cost and pair it with voluntary benefits to offset employees' increased financial exposure.