Mid-sized business health insurance plans (101-4,999 employees)
When companies have over 100+ employees the cost of the health plan can reach the high six figures or even seven figures. Managing healthcare risk through plan designs can have a significant impact on total health care costs to the employers and employees. Offering a low out of pocket health plan can create a lack of healthcare consumerism while providing a large upfront out of pocket can be viewed as having little value. Offering the right balance in plan designs can be considered to be a valuable employee benefit while at the same time controlling cost through consumerism and educations.