Group Employee
Benefits and
Insurance

Medical
Vision
Dental
Life
STD, LTD
FSA
HSA
HRA


Individual
Insurance

Medical
Life
Disability

Consumer Driven
Health Plan


Cost Savings on HSA's, Self-Funding, Wellness Programs

Cost Savings


Saving money on health insurance is essential. Companies of any size can't keep paying double-digit annual price increases. We have many specific examples of saving clients significant dollar amounts. Our team can run a healthcare financial analysis to explore a variety of ways to reduce costs.

These options include:

High Deductible / Health Savings Accounts (HSAs)

By selecting higher deductible options ($3,000 -$10,000), insurance premiums fall considerably. By attaching a health savings account to the plan, the employee maintains ownership over the account, which provides an incentive for healthy and cost-effective decision-making. Employers can make financial contributions to off-set the higher deductibles.

Self-Funding
For companies greater than 25 employees, self-funding ensures that the company pays only for their group's claims. If employees remain healthy, then health insurance costs are lower. By knowing the healthcare needs of employees, the company can design a plan that promotes individual health and also reduces costs. Wellness programs will have a direct and immediate impact on insurance costs.

Partial Self-Funding
This approach is similar to self-funding, yet with limitations. An administrator is hired to manage employee claims. Stop-loss policies are put in place to reduce exposure to extremely high-dollar claims. The company pays the actual claims except for those limited by the stop-loss policies.

Wellness Programs
The benefits of wellness programs can't be overstated. These programs reduce claims, and increase productivity. More satisfied employees are more likely to remain with the company, which reduces employee turnover costs. A modest investment of time and resources will pay a significantly higher financial return.


Call for additional information or complimentary cost-solutions analysis.
Cost Savings Stories...