Many businesses are considering offering defined-contribution health benefits as an alternative to traditional employer-sponsored benefits. However, knowing what to expect when it comes to defined-contribution administration is always a good thing when it comes to working with the insurance provider. Obtaining employee education – Each of the employees that sign up for this insurance has […]
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If you’re a part of a small company, then you should know that health insurance costs are going to rise and have already been. Many employers are searching for new ways to offer health insurance at a more affordable price. One way is with defined-contribution health care. Understanding why defined-contribution health care is a good […]
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There are many different small businesses and employees that are seeing a large increase in their group health-insurance rates under the Affordable Care Act. However, it is not just small businesses but also businesses of any size. They are seeing higher deductibles and co-pays in 2014. The Problem A lot of the blame for the […]
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Defined-contribution plans, when they are offered, allow employers to provide benefits without having to offer a traditional or group health-insurance plan. Businesses will not have to pay the costs associated with a group plan, but instead make monthly allowances that their employees then spend on their own private-insurance plans. This is a good solution for […]
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Defined-contribution health care is becoming more popular, according to many experts and economists. This is the future of how certain employers are going to offer their health-care benefits. The trend is not exactly brand new, but it has been used more throughout the past few years. However, with the new advantages out there in the […]
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