Affordable Health Benefits for Small to Mid-Size Employers
For the past several weeks, we’ve all been collectively holding our breath as we followed state and federal guidelines on how to help flatten the curve of COVID-19. Businesses and individuals banded together, weathering temporary shut-downs, helping their communities, and changing the way day-to-day life operates for the greater good. […]
Many businesses are focused on cash flow right now. There are numerous options for loans, including the Payroll Protection Program (PPP loan) from the government, which is obviously receiving a great deal of attention. What if there was another way to improve cash flow without jumping through hoops to apply? […]
You have endured health benefit premium increases for years. And now, the fully insured market is teeing up massive rate increases for 2020. You may have furloughed staff, reduced pay, and invested in technology for your now-remote workforce. How much more can you take? There is a silver lining. We have […]
61% of covered workers are now participating in self-funded plans, including 50% of firms with 200-999 employees. Why is self-funding the trend? Simply put: It saves you money. Health insurance premiums continue to rise, information as to why is limited and you may feel like you do not have any […]
By Nate Szabo In its most basic terms, consumerism refers to the theory that spending money and consuming goods is good for the economy. So how do we translate that to healthcare? Consumerism in healthcare focuses on putting the purchasing power in the hands of the health plan participants–your employees. The […]
By Matt Monda Many of you recently received double-digit rate increases from your employee benefits carriers. Now you are adjusting your 2020 strategy to absorb the financial hit. Those are some tough decisions. Have you considered all of your options? We asked for advice from expert CEO-advisor, Jim Schleckser, from […]
By: Mike Schroeder, President Your insurance broker should work for you. Unless you’re already working with Roundstone along with an advisor that approaches benefit funding as we do, it may not be clear how to make the most of your broker relationship. What can you do to make your broker […]
By: Marcy Leonard, Well-Being Coordinator The health of a company’s employees plays an obvious role on the costs of their health care plan. As premiums continue to rise, most employers would agree that passing along these increases to their employees year after year is a detriment to employee satisfaction and retention. […]
By: Mike Schroeder, President Are you perplexed by this question: is your company’s health benefits plan fully insured or self-funded? If you answered yes, you’re not alone in your uncertainty. You might think, of course my company offers health insurance and our employees contribute by paying a monthly premium to […]