Did you know that there is more than one way to pay for employee benefits? There are available “Alternative-Funding” solutions available to employers including Health Reimbursement Accounts (HRAs), Qualified High Deductible Plans, Level-Funding, and Self-Funding.
These options are specifically designed to reduce costs without reducing benefits while increases your cash flow, giving you more control over your health plan, and reducing your taxes and ACA fees. Another benefit is additional data regarding how your benefits are being utilized and can help you make better decisions in the future.
Members of the Greater West Chester Chamber of Commerce have access to the My Benefit Advisor (MBA) program as a solution for employee benefits. MBA experts can help you navigate these Alternative Funding options and help you save money and offer better benefits. For more information or If you with any questions, visit MBA online at gwcc.mybenefitadvisor.com or contact Christopher Sloane at (610) 537-1429.