Group Health Insurance
A Complex and Evolving Environment
Employer sponsored health and wellness benefits are the cornerstone to talented employee acquisition and retention. Quality employee benefits plans demonstrate an employer's commitment to their employees' health and wellbeing. The changing dynamics and complexities of the Health Care Reform and escalating costs associated with this very important benefit program can be overwhelming. At Atlantic/Smith, Cropper & Deeley, we provide you with the expertise, carriers, resources, administrative support, insurance solutions and ongoing support to maximize the value of your employee benefit plan.
No topic has received more national attention than Health Care and specifically Health Insurance Reform. The reason the topic is so important is the underlying cost of Health Care has escalated rapidly over the past 15 years. The root the increase lies within the ever increasing costs of new medical technology, which is the key driving factor in medical inflation. These increases can be found in both pharmaceutical developments and new standards of medical care. Controlling claims is the most effective way in controlling health care costs and therefore health insurance costs.
Selecting the Plan to Meet Your Needs
Every market segment has different rules related to how health insurance is priced, however, the underlying principal of insurance can be applied to all market places to some varying degrees. Our first function is to determine the appropriate plan and risk share an employer group should adopt to create the best overall value. After that step is complete, the real work begins. The best plan in the market will not have any value to your organization if is not administered, supported with ongoing service, kept in compliance and re-communicated regularly. We work with your administration to develop a 12 month action plan to deliver the value of your plan to your employees.
New Strategies for a New Health Insurance Market
With all of the change in the health insurance market, are you maximizing the dollars you spend on group health benefits? Are you meeting your legal obligations under the Affordable Care Act? Are there new strategies you can leverage to deliver a better benefit plan for your employees and their families at a lower cost to you as the employer?
Let the group health insurance professionals at Atlantic/Smith, Cropper & Deeley answer this and more. Our goal is to make the complex simple for you, and valuable for your employees.