5 Strategies for Reducing Health Benefits Costs in 2021

Health insurance costs are almost certainly going to rise in 2021. They’ve been trending upward for years—over 50% in the last decade, according to the Kaiser Family Foundation—and the current state of economic uncertainty over COVID-19 won’t slow things down. Realistically, after enduring months of business closures and managing exhausted workforces, many employers will be lucky to maintain uninterrupted operations. That’s why it’s critical for employers to think about reducing health costs right now—figure out cost-effective benefits first so money can be…

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