The old reality is continuing to purchase your companies health care plan with old and unsustainable yet “best practice” solutions. The old reality is continuing to purchase your companies health care plan without plan oversight; having no knowledge of the amount of plan assets spent on unnecessary test, surgeries and non-evidence based procedures will potentially increase your companies liability as plan fiduciary (ERISA). In other words, poor health care plan performance.
The new reality is moving away from the health care status quo. Consider that solutions exist right now that will improve the lives of your employees, their families and your community. That will materially improve the financial performance of your company.
Health care spending is likely one of the last major buckets of operational expenses you haven’t already intensely optimized. Imagine using proven approaches that can tangibly improve the financial performance, freeing up resources to improve wages, R & D, market cap, exit values and more.
The new reality is where the plan member, plan sponsor, providers and consultants goals are all aligned in a world of transparency. What this means is that your companies health care plan will perform at a level that meets the needs of its members and is fiscally sustainable.
Ask Midwest Benefit Advisors about proven ideas that will increase your companies health care plan performance and thus the performance of your P & L.