If you have between 10 and 200 employees and you offer an employer sponsored health plan for your employees, you probably “early renewed” in the fall of last year. This “early renewal” was an opportunity for you to delay the inevitable, significant “small group” health insurance premium increases resultant from a provision in Obamacare called “adjusted community rating”. Well, the “crows have now come home to roost”, as we are hearing small group premium increases range from a seemingly benign 38% to a whopping 147%....yes, folks, 147% !!!
Did you know a PEO (Professional Employer Organization) is the ONLY legal way to aggregate risk for health insurance under the Affordable Care Act? Did you know Applied Business Solutions, our PEO, has also received our renewal notice? Good news for you, our health insurance premiums over the past 24 months have risen…are you ready for this…only 2%...yes, that is correct, two percent, in 24 months. How much has your health insurance gone up in the past two years?
Our program is working wonders for our clients in managing their healthcare costs. As a bonus to our clients, we also handle their payroll, workers compensation insurance and human resources, so that they can focus on their “core” business.
Most health insurance brokers don’t even realize that our option exists. Simply put, IF YOU HAVE BETWEEN 10 AND 200 EMPLOYEES, AND YOU OFFER HEALTH INSURANCE TO YOUR EMPLOYEES, YOU OWE IT TO YOURSELF and TO YOUR EMPLOYEES TO LEARN ABOUT OUR PROGRAM.
Please e-mail me at firstname.lastname@example.org or Tom Miller at email@example.com to set up a totally “low key” informational meeting. We will show you how a locally owned Professional Employer Organization can help your company GROW faster, reduce your LIABILITY, lessen TURNOVER, and allow you to make more MONEY!
Written by Jim Annis, President/CEO of The Applied Companies, which provide HR solutions for today’s workplace.