What can an employer do to moderate group health insurance rate increases?
The basic things you can do are: Share more of the insurance premium cost with employees. Choose medical plan designs that neutralize cost increase components by providing incentives for more cost effective plan usage, while channeling patients to the appropriate provider and treatment options. HSA-compatible plans are an example. Other examples are encouraging use of centers of excellence, disease/case management programs and eliminating fixed dollar co-pays. Aggressively seek out more competitively-priced insurance companies. Individual Health Management – Offer incentives to use preventive care and wellness services.
