Group medical insurance and employee benefits: What can your firm do to ensure you get the most out of your investment?

Rob DeNinno and Harry Bickel of Precision Benefits Group discuss how mid-market employers with 50 to 500 employees can better manage their benefits and reduce costs. They highlight the use of ICRAs and MEC plans to meet ACA requirements affordably, and recommend pairing HSAs with high-deductible plans to encourage smarter healthcare spending. The article also explores level-funding and self-funding options, emphasizes clear timelines and hybrid approaches for open enrollment, and encourages the use of wellness funds to form employee-led committees that promote health across all departments.

For Full Article: Group Medical Insurance and employee benefits.