The dramatic escalation of employee health care costs in recent years, along with changes in the availability of healthcare in the US, is leading those in credit union HR management to look for new ways to gain control over premium expenditures and vendor fees.
A new white paper published by the CUNA HR/TD Council, "Health Insurance Plan Options: Self-Funded and Fully Insured," explores these plan options, including how organizations of all sizes are turning to self-funded plans in greater numbers these days to reduce and manage their health care costs and improve cash flow while still delivering the health coverage they desire for their workforce.
Which plan is right for your credit union? While the answer will vary from one credit union to the next, this white paper shares information about the options, including:
Facts, advantages, and challenges for each type of plan
A checklist of questions to ask a TPA and/or broker
Four credit union case studies
CUNA Council members are eligible to receive complimentary copies of this, and over 300 other white papers; non-Council members may purchase white papers for $50 per copy.
The paper is available online in the white paper section of www.cunacouncils.org.