Posts

Showing posts from April, 2021

Common Myths That Employers Have About Their Benefit Plans

Image
Employers end up with unhappy employees when they fail to enact efficient employee incentives . Traditional employee benefits plans have changed over the years that a lot of business owners do not realize that changing their plan is achievable. Overpriced and stagnant benefits plans can cause employers to make their plans efficient. This can result in unhappy or uneducated employees and wasted employee benefits plans. Here are some common myths that business owners have about benefits plans basing on healthcare benefits. The insurer has their best interests in mind It is important to understand that just because an insurer is working with you does not mean they are working for you. Misaligned incentives are driving up health insurance costs for business owners. Insurers make a lot of money as employers’ premiums go up. There are no real incentives for them to bring your costs down. When creating an employee incentives plan , it is important to work with advisors who guarantee p