What can I do to minimize escalating costs and still keep employee needs a main objective?
While there is no one right answer to this question, as each company has unique needs, you do, however, have to look at your healthcare plan creatively. Employers are trying a number of tactics to bring healthcare costs down. In addition to higher deductibles and increased co-payments, some are establishing various tiers of coverage depending on out-of-pocket expense, while others are lowering the amount of reimbursement for an out-of-network provider. Whatever option you choose, keep one thing in mind, the more you encourage your employees to take an active role in their healthcare plans, the more prepared you and your employees will be for the next generation of healthcare.
