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Showing posts with the label challenges with group health plans

The Struggle is Real - Controlling Administrative Costs

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The Struggle is Real T oday, both administrators and human resource professionals continue to struggle with the ongoing challenges within group health plans. Employers are seeing rising costs and administrators are dedicating more resources to maintain expectations. Technological advancement within healthcare has been slow at best, as increasing costs, both external and internal, have limited funding and are being delayed. This is forcing employers to downgrade to less comprehensive plans to maintain budgets, adding additional constraints for administrative support. These circular patterns are taking a toll in today’s workforce leaving management to wonder what the next step is (see illustration on page 2). There are viable solutions to controlling internal costs. Many employers are turning to administrative tools to consolidate employee tasks as they come up. Providing the proper structure is the first step to controlling excessive internal costs. 1) Implement a company-wide portal de