When you’re spending thousands upon thousands of dollars on benefits and seeing unimpressive results, being discouraged and disappointed is completely reasonable.
It is our goal to guide you through ongoing change and keep you informed and engaged on trending healthcare topics and industry events. Check back here for the new upates!
If you have any questions regarding this information, please do not hesitate to contact The Benefits Group at 570-586-1859.
Building a high-quality, cost-effective benefits plan requires putting a lot of pieces together in exactly the right way, and when you’re searching for an adviser, you should look for someone who knows how those pieces fit best for your business.
Changing the norm can be scary in any industry. In healthcare, however, it’s practically unwelcome. Business owners have continuously accepted the norm in benefits spending, paying more every year without seeing a noticeable increase in the quality of their benefits.
The journey to a more cost-effective benefits plan can be a long one, and if you’re working with a broker who’s a poor fit for your business, that journey can become even longer (and more expensive).
Employers often operate under the misconception that getting a better benefits plan means getting a new benefits plan.
Traditional benefits plans have changed so little over the years that many business owners don’t even realize that changing their plan is possible.
Most benefits plans are treated as one-off annual expenses, and the result leaves business owners paying more and more every year for the same benefits.
When many business owners look at how much they spend on benefits, the costs seem so astronomical that creating significant savings can seem impossible.
Although your company’s benefits plan most directly impacts your employees, many workers are surprisingly uninformed about the details of their own plans.
When business owners start searching for benefits brokers, many are (rightfully) focused on cost.