For employers, providing employee benefits has always been accepted as an essential way of attracting and retaining employees. At the same time, funding employee benefits has proved to be a high-risk complex task, fraught with unpredictable cost inflation, frequent changes in legislation and now the emerging confusion of healthcare reform.
Individual organizations have to maintain full knowledge of the rapidly evolving employee benefits market and unless they have thousands of employees, they cannot leverage the economies of scale to manage costs and keep their benefits under control.
Associations are able to provide a variety of valuable services to their members from representation to sharing of best practices and innovation. Many associations also look to ways in which they can use the purchasing power of their group to provide relevant goods and services at lower cost. This joint purchasing is often one of the most valuable benefits the association provides. At a time when costs are under increasing scrutiny, savings made via these arrangements are seen as a useful way to offset association fees.
In our latest free Spring white paper, titled “Employer Associations: Leveraging Buying Power to Create Cost-Effective Employee Benefit Programs,” our Senior Partner John Cassell takes a look at the basics of employer associations and offers up a few case studies based on some of his past experience with them.
Please fill out the form below to download your free copy of this informative white paper:
Latest posts by John Cassell (see all)
- Association Health Plans | Everything You Need to Know About AHPs - February 14, 2018
- Managing Medical Stop Loss in a Captive (Presentation) - June 10, 2015
- Webcast: A Look at How and Why Colleges are Funding Health Insurance Using a Medical Stop-Loss Captive - June 18, 2014
- White Paper: Creating Cost-Effective Employee Benefit Programs Through Employer Associations - September 19, 2013
- Spring Consulting Group Captive Webinar Recording - September 14, 2013