Small Group Benefits
Employers want to keep health insurance premiums down. Employees want a benefit
plan that will meet their individual needs, while holding the line on their
own premiums. NationalHR has developed a unique “cafeteria plan” so
that everyone gets what they want!
Our Full Scale Core and Option Cafeteria Plan uses a
combination of insurance carriers, Flexible Spending Accounts and voluntary
benefit plans to help reduce your employees’ taxable income, increase
their satisfaction and morale, and allow you to choose the premium that’s
comfortable for you, while reducing your federal payroll tax payments.
Sounds complicated, but it’s not because we take care of the recordkeeping
too. NationalHR becomes your single point of contact for all questions and
claims, plus we condense everything into one invoice—so your company
only needs to write one check!
Large Group Benefits
Our goal for small groups is our goal for large: offer a plan for your company
that keeps your premiums down while providing employees with benefits that
work for each individual.
We do it by offering our Full Scale Core and Option Cafeteria
Plan that include side-by-side carriers, Flexible Spending Accounts and
voluntary benefit plans. But we also know that the best way to reduce
your costs is to reduce your claims, and we’ve perfected a
program that discovers and addresses what really affects those claims.
In a word: Lifestyle.
Recently, the World Health Organization reported that “A combination
of improper diet, insufficient physical activity and tobacco use are estimated
to be the cause of up to 80% of premature coronary heart disease.” The
report goes on to say that obesity is the cause of 300,000 deaths each year.
Tobacco use is the only other cause that beats that number. Another study shows
that disability rates have risen sharply in the last two decades, among American
younger than 60, again, because of obesity.
The American Cancer Society (ACS) concurs, stating that a full one-third
of all cancer deaths could be prevented if Americans were to eat a “healthy,
balanced diet emphasizing vegetables, fruits, whole grains and beans” to
maintain a healthful weight. The ACS also maintains that such measures as mammograms,
PAPs; and colorectal, skin and oral screenings can help prevent, detect and
treat cancer in its early stages.
By encouraging a healthier lifestyle, NationalHR’s comprehensive
medical management program can reduce claims by one half.
In addition, we work closely with insurers to see that medical treatment
is evidence-based, provided in the proper sequence, medically appropriate and
outcome-effective.
And since NationalHR becomes your single point contact with the insurance
providers, you avoid HIPAA confidentiality issues, and receive only one invoice,
no matter how many companies you and your employees choose.
We’ve found that this combination of effective plan design, wellness
and medical cost management results in significant savings for our client companies—both
large and small.
Nobody can control the aging of America, nor the other variables
that are causing medical costs to rise faster than inflation. NationalHR
can help you as an employer control your employees’ compliance
to healthful lifestyle choices and appropriate medical screenings. Once these
issues are under control, your premium costs are under control.
We can keep your premium increases level with the CPI, too. To
find out how, contact us at 856-810-0700.
Fully Insured or Self Funded?
In many cases, self funding can be the preferred way to go for employers
of more than 50 people. Advantages include:
- Decreased costs for those with relatively young employees
- Decreased costs for those with a high number of employees, as financial
risk is spread among many people
- More control over benefit packages
- More control over disease prevention programs
- Avoidance of state insurance laws thanks to ERISA, the federal law that
exempts self funded health plans from compliance to state laws
Fully insured or self funded? A comprehensive analysis by NationalHR will
reveal the optimal choice for your company.
NationalHR can make you an employer of choice. To find out how,
contact us at 856-810-0700.
