Today employers are paying an average of $10/hr* /employee for Health and Retirement benefits and it expected to increase double digits in 2010. (12/09 Department of Labor Statistics)

This is an unsustainable situation for most employers both short and long term.

To address the short term cost increase, employers need to define innovative strategies that include prevention and wellness, unique healthcare plans and well thought out retirement plans. The primary objectives are to keep employees productive, healthy and secure today and in the future. Equally important is to ensure the fiscal health of the employer.

Healthcare Benefits Network is a team of non biased, experienced, advisors who have developed plans for large employers and have agreed to provide their years of expertise to small and mid size companies interested in reducing their costs of benefits while taking care of their employees.

To reduce long term costs increases we have to reduce the cost of healthcare delivery. This can best be accomplished by improving quality and reducing the errors.  Thomson Reuters estimates that that improving quality would save the US 700Billion dollars annually.

Healthcare Benefits Network has a team of advisors committed to working with individual providers (hospitals and physicians) to help them define strategies for utilizing innovative technology and deploying quality practices to improve healthcare service delivery and reduce the cost for all Americans.

 

*Department Of Labor 12/2009 report

Estimated percentage of benefits of total compensation and cost  per employee/hr

Civilian Workers (30.39%) $8.11

Private Industry (29.3%) $8.04

State and Local Government (34.1%) $13.59