by hrpro | Nov 16, 2024 | Cost Saving Strategies
In an era where businesses are constantly seeking ways to optimize costs, many organizations find themselves burdened by high insurance premiums. For Chief Financial Officers (CFOs), this issue is not just a line item on the budget; it’s a significant concern that can...
by hrpro | Nov 16, 2024 | Cost Saving Strategies
Designing a benefits plan that aligns with an organization’s financial goals is not only possible but essential for long-term success. Self-funding enables organizations to create a benefits plan that is not only cost-effective but also tailored to the specific needs...
by hrpro | Nov 16, 2024 | Cost Saving Strategies
For CFOs looking to gain more control over their organization’s healthcare expenditures, self-funding offers a unique opportunity. By eliminating the middleman—traditional insurance carriers—companies can directly manage their healthcare costs. This means that...
by hrpro | Nov 16, 2024 | Cost Saving Strategies
In the current financial landscape, many organizations are grappling with the challenge of rising healthcare costs. For Chief Financial Officers (CFOs), this issue is not just a line item on the budget; it’s a significant concern that can impact the overall financial...
by hrpro | Aug 15, 2024 | Benefits Innovations, Cost Saving Strategies, Creative Benefits, Direct Primary Care, Reference-Based Pricing
From programs for small employers to large enterprises, you have options. When selecting group health insurance for your employees, it’s essential to understand the different healthcare funding mechanisms available. Here’s a brief overview of the main types:...
by hrpro | Aug 3, 2024 | Benefits Back Office, Benefits Innovations, Cost Saving Strategies, Employee Benefits, HR & Benefits Administration, HR Technology, Payroll, People Management
A strained relationship with your PEO can hinder HR operations. Managing a cumbersome vendor relationship can be time-consuming and frustrating, impacting your overall efficiency and effectiveness. Understanding and addressing these issues is crucial for maintaining...
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