You want to continue to offer valuable health benefits to your current employees and you want those benefits to help you attract and retain quality employees. The growing epidemic of poor health and the uncertain financial impact of health care reform illustrate the need for both short- and long-term strategies to manage costs and achieve operational goals.
How your plans are funded can make all the difference when it comes down to the final costs of your benefits package. Fully-insured plans are still simple to work with and somewhat flexible, but the advent of Health Care Reform and tightening budgets means that self-funding is making more sense for more businesses of all sizes.
Medical Plans may be the most important piece of a benefits package, but they are not the only piece. Offering ancillary benefits will help to attract and retain more employees as well as increase productivity by ensuring all-around good health as regular Dental and Vision exams can catch issues that may not be discovered through regular medical check-ups.
An IRS Qualified Retirement Plan will help you and your employees save for the future and retirement. A Qualified Retirement Plan may also help you attract and retain better qualified employees. Tax law changes and tax advantages make it more appealing than ever to establish and contribute to a retirement plan. Click to find out more.