Insurance can be a point of contention for these organizations, as we understand that you aim to provide your loyal employees with the best possible benefits, but those costs can quickly become astronomical.
This is especially true for small businesses, and it’s making it harder and harder for them to provide their employees with great medical care. This results in different actions from these companies, such as hiring freezes, cutting benefits, utilizing high-deductible plans, or even turning employees into independent contractors.
Your employees will feel like they are getting the best care in a privatized modern setting and not just an insurance card with list of doctors they have to look up and wait months to get an appointment.
Giving your employees unlimited access to a doctor which makes it easier for them to receive preventive and sick care, meaning that they are less likely to get sick or will be sick for a shorter duration. This results in less employee absences and less sick days, which is huge – especially for a small business. Less turnover and retention rate.
We can work with your small business to offer plans that meet your needs and are affordable. Should you need expert assistance with choosing a plan that fits your small business, we would suggest contacting health benefits advisors at Hartin Dynamics. Below are some options to consider that can make healthcare much more affordable to you and your employees.
You may save hundreds of dollars on your monthly insurance premium by purchasing a higher deductible plan. You may supplement our direct primary care services with this option to cover 80-90% of your healthcare needs for one low monthly fee. This option allows you to keep your traditional insurance plan and still save significant costs. A Qualified Small Employer Health Reimbursement Account is a good option to use in this scenario.
Better yet, for those individuals without significant chronic conditions, you could save even more by pairing with a health cost sharing plan such as Sederra Health or Zion Health. These organizations offer an innovative approach and have the potential to save more than 50% on annual health care costs. While cost-sharing plans are not insurance, they function much like catastrophic health insurance plans and pair very well with DPC. Health cost sharing plans are allowed to exclude pre-existing conditions and therefore they are not ideal for those with significant chronic medical problems. We would encourage discussing this with a health benefits advisor or our office prior to purchasing.