Top 10 Reasons Why it Makes Sense to Self-Fund Employee Health Care (Infographic)

Self-fund employee health

With nearly one fifth of the US economy tied to health care, costs will continue to be a critical topic of concern for the economy. US businesses face competitive challenges in a global market, as a burgeoning portion of operating expenses are siphoned away to cover employee health care costs.

Employers that take action now can achieve savings over time through self-funding employee health insurance. Ignore this opportunity and you will be subject to increased health insurance costs.

In advance of our soon-to-be-released white paper on self-insurance, here is an infographic that highlights the top ten reasons employers should consider self-funding. You will have to wait for the white paper for descriptions of each of these 10 reasons.

To be the first to know when the white paper is released, please subscribe to this blog in the widget to the left of this article. You will then receive an email update when we post the white paper.

We would be thrilled if you would like to use this infographic for your website. We only ask that you paste the embed code at the bottom of this post on your site rather than downloading the graphic.

Self Fund employee health care

For further information on self-funding or the advantages of alternative benefit funding solutions, please contact Gary Gustafson at Spring Consulting Group; gary.gustafson@springgroup.com or 617-589-0930 x124.

Image credit: iabusa via flickr

An Employer’s Guide to Critical ACA Implementation Dates (Infographic)

ACA Implementation DatesLet’s face it; there is a bunch of confusion out there regarding the Affordable Care Act (ACA). Employers and employees are still largely unfamiliar with some of the many aspects of this industry-changing piece of legislation.

ACA implementation has already begun, will ramp up on October 1st when health insurance exchange open enrollment begins (for coverage beginning 1/1/14) and the bulk of the provisions go into effect on 1/1/14.

As a trusted employee benefits advisor to a number of employers, we wanted to create something that helps eliminate a bit of the ACA-related confusion. The result is this handy infographic that illustrates the many critical ACA implementation dates.

We made it easy to use this graphic and/or download a copy of it for your employees. To add this graphic to your website, just copy/paste the embed code directly below the contact form onto your site.

To download a pdf copy, please fill out the brief form at the bottom of this page, click on “submit” and a download link will appear.

We hope you find this graphic helpful!

(click image to enlarge)

ACA Implementation Dates Graphic

Infographic: 4 'Not So Hidden' Costs of Health Care Reform

health care reformA little while back, Spring consultant Gary Gustafson authored an informative piece on health care reform titled “The ‘Not So Hidden’ Costs of Health Care Reform.” The post has been very popular, which is to be expected as so many employers are scrambling to figure out how the Affordable Care Act(ACA) will impact them.

To further help you understand the changes related to the ACA, we decided to do something slightly different from the norm and create a quick infographic. The graphic below highlights some of the taxes and fees associated with ACA that employers should know about and start preparing for.

We would be thrilled if you would like to use this health care reform infographic for your website. We only ask that you paste the embed code at the bottom of this post on your site rather than downloading the graphic.

Health Care Reform Infographic FInal Full

 

Doctor Image Credit: Free for Commercial Use

The 4 Advantages to Funding Employee Benefits in Captives (Infographic)

To follow up yesterday’s release of our eBook, Funding Employee Benefits: A Risk Manager’s Guide, we thought it would be fun to offer up a little infographic that highlights a few of the key advantages to funding your employee benefits in a captive.

Be sure to download our free employee benefit captive eBook for more in-depth explanations and feel free to contact our team if you are exploring captives and need a little guidance through the process.

We would be thrilled if you would like to use this infographic for your website. We only ask that you paste the embed code at the bottom of this post on your site rather than downloading the graphic.

employee benefit captive