Today's workforce has changed drastically and it is challenging to find valuable employees who will stay committed to your business for the long term and continue to contribute to your organization in a positive manner. One of the best methods for attracting, retaining, and showing your existing employees that you care about them and their families is to provide them with a comprehensive group insurance program.
The evolution process is slow in this market due to insurers focusing on profit share versus market share. Combining a Health Spending Account with a group plan is an effective way of capping expenses. It's becoming a trade off - downsizing benefits and instituting measures to protect the future of a companies group insurance plan such as Cost Plus, drug limits, overall limits etc.