Is a level-funded plan right for my company?
Level-funded plans can be an excellent option for many small and mid-sized employers, but eligibility and suitability depend on ...
What should employers look for when comparing benefits proposals?
Employers should evaluate premiums, deductibles, out-of-pocket costs, provider networks, prescription coverage, employee contributions, and overall plan value—not just the ...
How can employers reduce health insurance costs without reducing coverage?
Employers may be able to reduce costs through alternative funding strategies, plan design changes, wellness initiatives, contribution strategies, and ...
How early should we start planning for open enrollment?
Most employers should begin preparing for open enrollment 60 to 90 days before enrollment begins to allow time for ...
What employee benefits are most important to employees?
Health insurance remains one of the most valued employee benefits. Dental, vision, life insurance, disability coverage, retirement plans, and ...
Why did our health insurance renewal increase?
Renewals may increase due to medical claims, prescription drug costs, inflation, utilization trends, demographic changes, or overall market conditions. ...
Can employees keep their doctors if we change insurance carriers?
Possibly. Provider networks vary by carrier and plan type. Employers should review network availability before making changes to ensure ...
What is the difference between a PPO, EPO, and HMO?
PPO plans generally offer the most flexibility and include out-of-network coverage. EPO plans require members to stay within the ...
How many employees do I need for group health insurance?
Requirements vary by carrier and state, but many group health plans are available for businesses with as few as ...
Should my company consider a self-funded health plan?
Self-funded plans can provide greater flexibility and potential cost savings, but they are not appropriate for every employer. Factors ...
