Traditional group health plans have been around for several decades. Boiled down, traditional insurance means a monthly premium is paid for a plan, and most of the risk is then transferred from the individual to the carrier. Traditional group plans consist of the same core elements: deductibles, copays, coinsurance, and the infamous out-of-pocket max. Every […]
In our previous post, we explored the basics of providing wage increases vs. health benefits. The wage increase model continues to grow in popularity and success, but we know there are still many questions around the topic. The following are four FAQs about providing employees extra pay instead of health insurance. Quick Definition: What is […]
Important Notice: Remodel Health does not intend to provide specific insurance, legal, or tax advice. Remodel Health always recommends consulting with your own professional representation to properly evaluate the information presented and its appropriate application to your particular situation. Employers often feel stuck in their expensive health benefits plan. Group products increase by an average […]