Many business owners see their benefits plan as just another annual expense. The truth, however, is that your company’s plan is a deeply personal investment, and your adviser should treat it as such.
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If you have any questions regarding this information, please do not hesitate to contact The Benefits Group at 570-586-1859.
The key to a successful benefits plan is high employee engagement. If your workers don’t use the tools and strategies your adviser provides them, they’re unlikely to get the savings and high-quality care that your plan can offer.
When you’re spending thousands upon thousands of dollars on benefits and seeing unimpressive results, being discouraged and disappointed is completely reasonable.
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.