Transform Your Employee Benefits Strategy
Introduction Businesses today face mounting pressure from escalating healthcare costs and inflexible group health plans. Defined contribution health plans provide a strategic alternative, enabling employers to control expenses while empowering employees with...
Employers’ Healthcare Problem: Control, Not Cost
Most employers don’t have a healthcare problem… They have a control problem. Every year it’s the same story: ➡️ Double-digit renewals ➡️ Fewer plan options ➡️ Employees frustrated with coverage...
ICHRA: Employee-Driven Health Insurance Benefits
𝐓𝐡𝐞 𝐭𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐠𝐫𝐨𝐮𝐩 𝐡𝐞𝐚𝐥𝐭𝐡 𝐩𝐥𝐚𝐧 𝐢𝐬 𝐬𝐭𝐚𝐫𝐭𝐢𝐧𝐠 𝐭𝐨 𝐬𝐡𝐨𝐰 𝐢𝐭𝐬 𝐚𝐠𝐞. Every year employers face the same cycle: 📈 rising premiums 📉 fewer plan options 😐 frustrated employees So, a...
Employers Adopt ICHRA for Predictable Healthcare Budgets
𝐓𝐡𝐞 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐫－𝐬𝐩𝐨𝐧𝐬𝐨𝐫𝐞𝐝 𝐡𝐞𝐚𝐥𝐭𝐡 𝐩𝐥𝐚𝐧 𝐢𝐬 𝐪𝐮𝐢𝐞𝐭𝐥𝐲 𝐛𝐞𝐢𝐧𝐠 𝐝𝐢𝐬𝐫𝐮𝐩𝐭𝐞𝐝． For decades the model looked like this: Employer picks a plan → employees live with it → costs go up every year....
Employers Rethink Group Health Insurance with ICHRA
𝐑𝐢𝐬𝐢𝐧𝐠 𝐡𝐞𝐚𝐥𝐭𝐡 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐜𝐨𝐬𝐭𝐬 𝐚𝐫𝐞 𝐟𝐨𝐫𝐜𝐢𝐧𝐠 𝐦𝐚𝐧𝐲 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐫𝐬 𝐭𝐨 𝐚𝐬𝐤 𝐚 𝐝𝐢𝐟𝐟𝐢𝐜𝐮𝐥𝐭 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧: Is traditional group health insurance still the best option for our business? A growing number of companies...
Employers Explore ICHRA as Alternative to Traditional Group Insurance
𝐇𝐞𝐚𝐥𝐭𝐡 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐫𝐞𝐧𝐞𝐰𝐚𝐥𝐬 𝐚𝐫𝐞 𝐛𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐫𝐬 Another year. Another 15–25% increase. Another meeting explaining why benefits cost more but feel worse. Many employers think they only have two options: 1️⃣...
ICHRA “The 401K of Health Insurance” is one of the fastest-growing benefit strategies in the country
Since 2020, adoption has increased dramatically over — year-over-year growth continuing across both small and large employers. Why? Because employers are tired of: • double digit renewals every year •...