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Collaborative strategies to fund your employee benefits


Collaborative strategies to fund your employee benefits
A credit union’s greatest asset is not a line item on the balance sheet it is our employees. When it comes to attracting and retaining the very best individuals, credit unions need competitive employee benefit programs that highlight the exceptional things we do as a movement.
How can we continue offering competitive benefit plans when the trajectory of healthcare costs is rising at such a fast pace? Exploring collaborative funding strategies is a great way to start.
Background 
Most small and mid-size credit unions purchase health insurance that cover employee medical claims using a fully-insured model. Fully-insured models are popular because of their perceived simplicity and low risk. However, no matter how healthy our group is, every credit union knows that fully-insured plans increase in cost every year. And we rarely receive claims data information to know why our premiums continually increase. The ....

Association Health Plan , Health Plan , சங்கம் ஆரோக்கியம் திட்டம் , ஆரோக்கியம் திட்டம் ,

DBusiness Daily Update: Cannabis Delivery Company to Partner with Calvin Johnson in Michigan, PPP Loan Application Support Available for Minority-owned Small Businesses, and More


DBusiness Daily Update: Cannabis Delivery Company to Partner with Calvin Johnson in Michigan, PPP Loan Application Support Available for Minority-owned Small Businesses, and More
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message.
Courtesy of Bridge
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message. ....

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