Health Insurance

How can your business save on health insurance expenses? Find out in our Expense to Profit posts below all about Health Insurance expense reduction.

Is Your Business Ready for Rising Insurance Premiums?

Rising insurance costs may become a concern for businesses as they gradually adapt to an inflationary post-pandemic season. Your business insurance premium renewal may have arrived, and the numbers may have surprised you. Or perhaps you haven't received yours yet but have seen a consistent rise in the premiums over time.

Is Your Business Ready for Rising Insurance Premiums?2022-09-23T11:00:17-04:00

How the Inflation Reduction Act Affects Your Business

Since the beginning of 2022, business executives have been dealing with a different kind of pandemic: rising costs of raw materials and consumer goods. This has dramatically impacted quality customer care, with the end-user paying more than they must or dealing with lower quality. In a drastic turn of events, the US Senate passed one of the most significant pieces of legislation in years: the Inflation Reduction Act of 2022. This Act has passed through Congress and has been signed into law by President Biden. 

How the Inflation Reduction Act Affects Your Business2022-08-24T11:04:47-04:00

How Health Benefits Adapt When the Rules Change

At the end of June, the US Supreme Court decided to overturn Roe v. Wade, sending shockwaves across the country and other parts of the world. This decision will have significant repercussions as many rules in and around healthcare will change.

How Health Benefits Adapt When the Rules Change2022-07-05T11:30:21-04:00

Benefits: Everything In One Place

If there is one thing we can all agree on, benefits and healthcare packages offered to employees can often be confusing. Trying to find solutions to make both the employer and employees life easier can feel like a full time job. Which is why we are excited about a solution for your business where your employee benefits can be found all in one place.

Benefits: Everything In One Place2021-12-15T17:34:45-05:00

How Technology Can Reduce Healthcare Costs

Global healthcare spending will reach over $10 trillion by 2022. The US easily has the greatest healthcare spending at $10,224 per capita globally. It was just discovered that Americans spend more on the top prescription drugs than the rest of the world combined. In fact, the US tends to spend twice as much as other countries (one-fifth of the entire country's GDP). However, contrary to what the figures suggest, healthcare margins are likely to shrink over the next five years. Because of this medical and healthcare providers will look to reduce internal costs.

How Technology Can Reduce Healthcare Costs2021-10-05T09:13:32-04:00

How Your Business Can Reduce Medical Waste

Last year’s pandemic only helped to open our eyes to the relevance of healthcare, even as we continue to thrive in technological advancements. Over the past year more individuals have reassessed what is important to them and what they make be able to do without. And just as individuals have, businesses should do the same. Something that businesses within and around healthcare should be able to significantly reduce is their medical waste.

How Your Business Can Reduce Medical Waste2021-10-05T16:58:10-04:00

Price Transparency and Employee Benefits

No one likes to discuss the complexities of healthcare plans or how much they are spending on medical bills. But we just can not ignore the fact that healthcare spending is at an all-time high. As spending increases so should transparency.

Price Transparency and Employee Benefits2021-08-17T13:56:57-04:00

Typical Healthcare Plans are Changing

For the past 18 months the global pandemic has been the dominant storyline for headlines across the world. Because of this many are rethinking how we approach healthcare as a society. It is not so difficult to make the deductions from this emerging trend. The global pandemic raised the expenditure for drugs in the US to $358.7 billion, surpassing every other country’s expenses. Because of this typical healthcare plans will change.

Typical Healthcare Plans are Changing2021-06-07T10:24:20-04:00

How does your Health Plan control Drug Costs?

One of the major concerns we are trying to tackle is rising drug prices. Again we are seeing during the global pandemic healthcare takes center stage. As a result, while these hikes in drug costs are relatively unexpected, one can easily predict that healthcare is not cheap.

How does your Health Plan control Drug Costs?2021-05-26T12:41:24-04:00

Employers Abandon One Size Fits All Benefits Program

The global landscape for businesses is constantly changing. The pandemic halted how businesses usually operate and has ushered in emerging trends to foster more productivity such as flexible benefits plans.

Employers Abandon One Size Fits All Benefits Program2021-03-12T16:27:25-05:00
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