Over the last handful of years, countless people have started working remotely—some employers have offered a remote work model to ensure safety and seclusion in response to global events. Nevertheless, a remote work model provides other noteworthy benefits, such as acquiring talent from different areas or saving money by cutting back on office space. Regardless of each employer’s reasoning, the prevalence of remote work has drastically increased.
Small businesses have a lot to gain by offering health insurance to their employees, including fewer call-outs and improved morale. However, the increasing costs of group health insurance make it difficult for many small business owners to reasonably pay the costs for a strong health plan.
Brokers are always looking to offer the best products to their clients. At Redirect Health, we have the same goal, aiming to provide our members with access to streamlined, quality healthcare. Redirect Health follows a unique model that sets us apart from other health plan providers.
Self-funded plans make healthcare affordable for employees and help employers identify cost-efficient care strategies. As a broker, it’s important to educate yourself on the advantages and disadvantages of self-funded health plans to ensure a self-funded plan will work to your client’s benefit.
Employees are 70% more likely to remain loyal to their employer if they’re satisfied with their benefits. And, to be honest, traditional healthcare alone just isn’t cutting it.
As a small business owner, finding quality, affordable healthcare can present a significant challenge—especially with the skyrocketing costs of healthcare.
In fact, in a national study conducted by Small Business for America’s Future, healthcare costs are one of the top concerns and burdens for small business owners.
With the U.S. inflation rate still higher than its long-term average, it seems like no sector is safe from rising costs—especially healthcare. The fact of the matter is that these costs are projected to continue rising and continue to put a tremendous financial strain on both employers and employees.