In an earlier blog post, I described the many ways small businesses benefit from offering an employee wellness program. I even detailed the advantages small firms have over large corporations when starting such a program. Fear not, large corporations! The sharp reductions in employer healthcare costs generated by wellness programs are also available to you, plus several [...]
Tuesday, September 8, 2009
If an employer pays for primary care at an urgent or immediate care center, he’ll need his own “urgent care” when he reviews his quarterly claims experience data with his broker! I was recently asked by an employer whether our plan would allow his employees to access urgent care centers for primary care (increasing their options [...]
Monday, September 7, 2009
Onsite health clinics can sharply reduce employer health costs, but that’s not only reason that clients love them. They also provide great benefits and a boost to salaries and other benefits for your employees. Provision of onsite health services also provides companies an added boost if they’re trying to reach “Best Place to Work” status. In [...]
Thursday, September 3, 2009
I’m one of the few people who actually feels sorry for health insurance brokers. Brokers are constantly being asked to find ways to get lower rates for insuring unhealthy people who are very expensive to care for. That doesn’t seem fair. I understand why employers facing yearly double-digit premium increases ask their insurance brokers to find more [...]
Wednesday, September 2, 2009
As a successful business person, you have instincts. And, in a serious recession, these instincts tell you to preserve capital. Don’t spend any money! Even on an onsite health clinic designed to lower employer health costs. You should rethink that. I would argue that, in tough economic times, you can gain a significant competitive advantage by being innovative. [...]
Tuesday, September 1, 2009
When you self-insure your employees, you may view an onsite health clinic as an unnecessary, additional expense. Big mistake. When you self-insure, you’re not only responsible for every dollar of your employer health costs, you usually pay a Third Party Administrator to manage these costs. Granted, you probably re-insure to avoid catastrophic losses, but you’re still [...]
Wednesday, August 26, 2009
Nearly five years ago, Gregory Grimm (President of Health Choice, Inc.) wrote a great article in PAHU (Pennsylvania Health Underwriter) Magazine entitled Ten Ways to Reduce Employer Healthcare Cost. It made the rounds over email and spread like wildfire through the community. It’s definitely an oldie, but it’s also a goodie and one that still [...]
Tuesday, August 25, 2009
Prepaid or fixed cost healthcare may seem useless to some employers, but if you take a closer look, this could be more beneficial than you realize, as a business owner and as an employee. Seattle-based Qliance Medical Management is offering a prepaid healthcare option and concept to businesses in the Pacific Northwest. What Qliance wants to [...]
Friday, August 21, 2009
Wheeled Coach Industries is a mid-size, 400-employee company in Orlando, FL that makes ambulance and rescue vehicles. Last year, they spent $100,000 building their own onsite health clinic in an attempt to reduce employer health costs and produce a healthier work force. Guess what? It worked. The clinic is staffed by a doctor, nurse and receptionist and [...]
Thursday, August 20, 2009
Earlier this year, Safeway launched a series of wellness programs and health incentives designed to cut their overall employer health costs. The main idea behind the new program? Improving overall employee health by rewarding healthy behavior. Here’s how it works – Safeway is a self-insured employer, meaning they pay their employer health costs out of pocket [...]
Thursday, September 10, 2009
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