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House members this week opened hearings that could lead to recommendations for small businesses to self-fund health benefits.
Chris Collins (R-N.Y.), chairman of the health subcommittee of the House Committee on Small Business, convened the panel to receive testimony from industry representatives and researchers, saying afterward he would seek to advance self-funding recommendations from Congress.
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As healthcare expenses approach double-digit increases, employers are looking for savings in waste, care delivery, and plan administration before cutting benefits.
In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
A pensions specialist explains why fiduciary responsibility extends beyond investment oversight and how proper safeguards serve as a critical layer of protection.
Organizers should ask, "Where are patients getting stuck, where are teams overloaded, and where is the current process failing to scale?"
Smaller companies don't need to outspend to compete, says Justworks SVP, if they focus on these particular strategies that go a long way.
