Do you know the true cost of your healthcare
With the cost to provide a health plan for employees continuing to rise year after year, many business owners are at a loss for how to continue to pay for coverage while still remaining profitable. Many are looking for a new way to offer benefits to their employees, and there are options available that brokers can present to clients looking to go beyond the healthcare status quo.
Do you know the true cost of your healthcare?
PPOs are overwhelmingly the most popular form of healthcare for employer-sponsored plans. Most PPOs claim that by utilizing their network, members are given a discount off of the regular cost of services. But PPOs typically keep the true cost of the medical services a secret, so most of the time, businesses don’t have a clear understanding of the cost savings. With the lack of transparency of what the true cost of service is, and premiums continuing to increase year after year, more and more employers are questioning if PPOs are actually the most cost-effective type of healthcare for their business.Read More