Attracting competent, innovative, motivated employees can be challenging for a variety of reasons. These include finding ways to offer an attractive work environment, competitive salaries, and engaging job descriptions. But one of the most important offerings in today’s total compensation is employee benefits. How can you offer comprehensive and intelligent benefits packages that are affordable for your organization and for the employees you wish to attract while staying compliant with PPACA regulations?
- Offer ACA minimum required health benefits “Bronze”
- Offer employees a choice of several GAP plans to select and purchase the right amount of deductible/cost sharing coverage
- Consider self-insured Bronze plans with high employee deductibles, thus limiting claims exposure and reducing upfront costs to employees
Offering bronze plans, gap coverages, and variable deductibles can prove a sophisticated and highly effective solution for improving hiring and retention. For more information, contact us.