10 Employer Healthcare Benefits Questions

Over the past decade the focus of a company’s benefit package has shifted from being attractive enough to recruit and retain staff, to a continuous shifting of the deck and checkbook to simply keep a package in place.  It is more important now than ever for employers to understand the fine details of options available to employers in order to determine which may be the best fit for their organization and employee makeup.   

Here are 10 of the big questions you as the employer should keep in mind concerning your employee benefit program:

  1. How confident are you that you have implemented processes to reduce or limit the increases in the cost of health care?
  2. How confident are you that your Employees have the training to help you manage the cost of your Employee benefits?
  3. How confident are you that your termination procedures reduce the likelihood of overpayments?
  4. How confident are you that your employee contributions are accurate and reduce tax liabilities when possible.
  5. How confident are you that you understand and are in compliance with your Benefits Plan Eligibility Requirements?
  6. How confident are you that you reimbursement programs are in compliance with State and Federal Guidelines and that your proper government reports are being filled properly on your behalf?   
  7. How confident are you that you have a credible resource to assist you in navigating the rapidly changing Health Care environment?
  8. How confident are you that your current process to quote and renew provides you with the greatest level of accuracy?
  9. How confident are you that your employee benefit renewal process will be simplifies and timely?
  10. How confident are you that your Employee Benefits Plan is in alignment with your company’s goals and objectives?

Consider these questions when selecting a benefits package for your company. Remember that there are different plans and alternative funding options available that might work well for your company.

 The Seltzer Group, located in Eastern Pennsylvania, specializes in developing safety, workers compensation, human resources, claims, and risk financing programs. They are a proud member of the Keystone Insurers Group and are nationally recognized for their expertise in workers compensation solutions. The Seltzer Group serves businesses and individuals locally, regionally, and on the national level.

10 Employer Healthcare Benefits Questions was last modified: August 26th, 2014 by Sarah McGorry