Privacy, Business and Law

One might assume that health plans available to small and mid-sized companies are, like automobiles of the same class, comparable in terms of cost. In fact, the differences can be huge. If no effort is invested in the search for a cost-effective and well-administered plan, the result can be health coverage costs reaching 15%-20% of wages, a problem that investors will notice. In addition, employees frustrated with poor coverage and administration may look hard at moving to a competitor. Once again, the effort that is devoted on the front end will bring rewards later on as your company grows. Because differences in coverage and cost are so complex, it may be worthwhile to engage a consultant to bring proposals to the table and to explain them in an understandable way.

by Dan Weisberg “10 Mistakes Technology Companies Make With Employees”