Lufkin Benefit Solutions

As you’ve likely seen, group health plan costs continue to rise. Higher premiums are being driven by medical trend increases, pharmacy costs, and changes in utilization. Because of this, many employers are facing increased budget pressure while trying to support their employees and manage expectations during renewal periods.

The good news is that controlling costs doesn’t have to mean reducing benefits or shifting more expenses to employees. The real objective is to improve your cost-to-coverage ratio and ensure that every dollar spent delivers meaningful value.

Swipe for a few key methods to help you evaluate and manage rising health plan costs.

If rising health care costs are creating uncertainty for your organization, feel free to schedule a consultation. I’m happy to review your current strategy and identify practical ways to improve efficiency without unnecessary disruption.

Medicare has come a long way since it was first established in 1965, and with so many parts and options today, it can be tough to keep them all straight. Today, we’re breaking down Original Medicare (Part A and Part B). Swipe for an overview of what it is and what it covers.