6 Truths About Health Insurance Every Employer Should Know

Many—if not most—companies aren’t thrilled with their health-insurance plans.?

They would love to ditch traditional insurance for a more affordable, simpler approach.?

The good news is that alternatives exist, and the search begins with these six truths.?

Truth #1: Solutions abound outside the narrow distribution channels of insurance brokers.

So don’t expect your broker to present all your options.?

Truth #2: Employers can take control of the cost-drivers.

You can dramatically reduce your healthcare spend by using custom plan designs.

Truth #3: Employers can legally provide tax-free money to their employees.

This allows employees to buy exactly the type of coverage they want for their families.

Truth #4: There are no pre-existing conditions when buying health insurance in 2021.

In other words, pre-existing conditions won’t impact your insurance prices.?

Truth #5: Companies are providing zero-deductible health plans right now.

Search the marketplace, and you will find great options.?

Truth #6: Under the new cafeteria-plan designs, claims don’t impact other people.?

No one employee can ever have a high claim that affects another employee’s rates or benefits.

By facing these truths about health insurance, you can utilize them to your advantage.?