ClaimLinx solves spiking insurance premium problem
By a
Premiums for employer-sponsored health benefits for 2018 are expected to be the highest since 2011, according to the human resources consultancy
Blame it on
But for one company in
"Our whole goal is just to save people money on their health insurance - it's hard sometimes but when we do it's incredible what it can do for a business," said
They do this by combining a high deductible insurance plan through a major carrier -
The trick is to take the best of both types of insurance.
From the plan through a major carrier the company receives resources, including a wide physicians network, competitive discounts on procedures and a stop loss in case any employee has high medical costs.
From the medical expense reimbursement plan the company has the ability to customize its own copays and deductible while still receiving the tax benefits exclusive to a self-funded plan through section 105(b) of the
"What it really boils down to is a math problem. The problem is it can be hard to take the emotion out but you really have to when it comes to your benefits."
For more information go to www.claimlinx.com or inquire directly to
isionView original content:http://www.prnewswire.com/news-releases/claimlinx-solves-spiking-insurance-premium-problem-300570899.html
Keywords for this news article include: ClaimLinx,
Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC
Ringleader admits role in $23 million auto insurance fraud at chiropractor clinics
America’s Best 401k Study: Small Businesses Overpay for 401k Plans
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News