How Can You Reduce The Cost of Your Health Plan?

As you are aware the cost of your health plan increases every year. The three most common ways to deal with these increases are 1) accept the increase and the effect it has on your company's bottom-line, 2) switch to a less benefit rich health insurance plan with a reduced cost, or 3) pass the rate increase to the employees. 

Legacy Benefits & Insurance Services has two options that you may not have investigated: 

MERP (Medical Expense Reimbrusement Plan) - allows your company purchase a high deductible health plan and self fund the difference in benefits.

HSA (Health Saving Account) - allows your company purchase a high deductible health plan and use a HSA to help the employees with the deductible expenses.