Offering an affordable healthcare plan is more complex than it once was, as diverse workforces have different needs. Employers should listen to their employees to determine the healthcare plan design strategy that makes healthcare affordable for all workforce segments. - BY MALIBU KOTHARI
An employee healthcare plan must be affordable before it will be effective. Unfortunately, many firms find that despite offering healthcare to employees, there’s a low rate of uptake and utilization. Some employees may be unable to afford their share of the plan premium, deductibles, or copays, leaving them longing for health support but turning down the plan. Others pay for benef....