Designing an employee benefits strategy can be frustrating. But understanding the health care supply chain can help business owners reduce costs while offering quality benefits to workers. Robert Gearhart Jr. of DCW Group tells you what you need to know in Employee Benefits 101.
L. Calvin Jones Improves Benefits, Saves $78K
This past year, Employee Benefits 101 has examined the innovative strategies and methodologies available to employers to cut health-care costs while improving the benefit plans they offer to employees. We have taken a deeper dive into the successes of these local companies: Compco Industries: Reversed the company’s escalating healthcare expense. Currently offers higher quality benefits […]
L. Calvin Jones Improves Benefits, Saves $78K
This past year, Employee Benefits 101 has examined the innovative strategies and methodologies available to employers to cut health-care costs while improving the benefit plans they offer to employees. We have taken a deeper dive into the successes of these local companies: Compco Industries: Reversed the company’s escalating healthcare expense. Currently offers higher quality benefits […]
Vinyl Profiles Gets $150K Plan Refund
Last month, Employee Benefits 101 examined the innovative strategies that two local employers, Compco Industries and Potential Development, are using that have allowed them to offer their employees better benefits while significantly lowering their health-care spend. This month we will showcase a third local company, Vinyl Profiles, which recently received a $150,000 return of unused […]
Better Benefits, Lower Cost, Easier Execution
Employee Benefits 101 has explored a multitude of strategies I hope you have found valuable. We have examined reducing your company’s pharmacy spend, the importance of managing the health-care supply chain, eliminating waste in your benefits plan and how to avoid pitfalls when renewing your health insurance. We have exposed how employers can identify profit […]
Avoid Pitfalls When Renewing Health Insurance
Today we’re pulling back the curtain on your benefits renewal process to show you four red flags that could indicate trouble. Most employers renew their health insurance plan in the fourth quarter, but even if you don’t, the principles shared in this article still apply. The current model suggests that most of you are working […]
Eliminating Waste in Health Insurance
In the last month, the Amazon, Berkshire Hathaway and JP Morgan health care venture selected a CEO and announced a major acquisition. Dr. Atul Gawande, an author, surgeon and lifetime public health professional will be leading the charge to reinvent health care in America. Amazon announced the acquisition of online pharmacy PillPack which caused the […]