If you are a Chief Financial Officer — or if you find yourself involved with the financial decisions regarding employee benefits — then the results of a recent survey from Deloitte’s CFO Signals may not surprise you.
Citing reasons such as the Affordable Care Act, 63 percent of the CFOs that responded to the survey are planning on passing further healthcare costs on to their employees this year.
If your company is faced with rising healthcare expenses, then you may also be considering the implications of making such a move. The survey highlighted a few of the ways that companies are planning on transferring costs. This includes:
- Higher premium contributions (74 percent)
- Increased deductibles (72 percent)
- Increased copays (49 percent)
How Your Company Can Manage Rising Healthcare Costs
Do you know which of those options would work best for your organization?
At CBG Benefits, we have a proven track record of helping companies effectively analyze their current benefit programs and utilization trends. By balancing that information with employee needs and overall business goals, we are able to identify creative solutions that enable companies to better manage healthcare expenses.
In addition to the tactics listed above, we may be able to help you reduce healthcare costs through items such as:
If you’d like to learn how we can help you to succeed in these efforts, please contact our team at 877-332-6387 today.