How You Can Control Health Insurance Costs for Your Business
Oct 25, 2023
What can employers do about rising healthcare costs?
Podcast Highlights
- Healthcare costs are expected to rise significantly in the next year.
- They’re expected to increase 6.5% for 2024.
- What Can Employers Do About Rising Healthcare Costs?
- Stick to high deductible plans. If you have a high deductible health insurance plan, you also need to combine it with an HSA.
- With an HSA, you and your employees can contribute money pre-tax each year.
- If employees don’t use up the funds in an HSA, they can carry them over into the next year.
- When an employee leaves the company, they can take the money with them.
Listen here: https://sba.thehartford.com/media/podcasts/control-health-insurance-costs/
