| 1. |
Should
you self-insure or be fully insured by an insurance company? |
| 2. |
What
can be done to educate employees on usage, in order to reduce cost? |
| 3. |
What
services should your ASO or insurer provide to manage utilization,
increase administrative ease, and efficiently pay claims? |
Since no one wants to imagine the backlash
evident by increasing employee contributions, non-traditional cost
containment mechanisms should be given plenty of thought. Try bundling
benefits with one carrier, cutting plans less used, educating employees on
how to properly use benefits, or using premium discounts to counter
behaviors known to wreck experience ratings.
We recommend looking at the bigger goals
first then building in your smaller wishes. Don’t forget to take into
consideration the entire process not individual pieces. This will not only
save you administrative time, but will make benefits less confusing for
your employees. |
