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Benefit Expense Reduction: Reducing Healthcare Costs

September 23, 2019

Via: HR Hero
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Traditionally, employers reduced healthcare spending by passing along more of the premiums and other costs to employees. This, of course, is still an option, but it’s obviously one that employees don’t favor and will not go far in making the benefits package attractive. It also doesn’t address the root issue of cost reduction but rather simply shifts the burden.

Instead, many employers are looking at ways to actually reduce healthcare costs. They’re doing so primarily through finding ways to offer more affordable options and by encouraging employees to improve or maintain their health. Here are some examples:

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