Cost Reduction vs Cost Shifting

The hard realities of rising health insurance costs affect both employers and employees alike. Weighing the tradeoffs of paying more for the same benefit package falls onto you, the employer. The usual solutions have been to:

  • Accept the higher premium /reducing profits
  • Increase employee contributions
  • Water-down the benefit package

These “solutions” shift costs. Averill Anderson's plan design solutions that reduce our clients health care costs.