Leeway’s Post

ICHRA stands for Individual Coverage Health Reimbursement Arrangement. It is a group health plan that allows employers to set a predetermined monthly contribution for employees. Employees can use this contribution to purchase their individual health insurance coverage. This approach is simple and makes sense. Just like with auto and home insurance, employees own their health policies, giving them more control. Employees appreciate having choices and options when it comes to their healthcare. Employers benefit from ICHRA as it allows them to manage their budget and cost effectively, removing them from the health insurance selection process. Get off the renewal treadmill. With ICHRA, you can provide valuable health insurance benefits to your employees. Leeway is leading the way with ICHRA, and you can start an ICHRA at any time, with a special enrollment window for 2025. Learn more: https://lnkd.in/errsXuE4 #healthinsurance #ichra #employeebenefits #hrstrategy

Many employers accept annual health insurance rate increases as inevitable, shifting costs to employees or reducing coverage to stay within budget. But what if we viewed health plan spending differently? Self-funded plans show us that understanding and controlling your actual claims costs—rather than accepting predetermined rates—can lead to more sustainable benefits programs. The real question isn't how to absorb the next rate increase. It's how to build a health plan strategy that gives you the control and flexibility to support both your employees and your bottom line. You may have just renewed, but now you can take advantage of a full year to analyze your options and prepare for a smooth transition to a more cost-effective and flexible health insurance funding model. If you’d like us to take a look, let’s connect. #HealthcarePlanning #HRStrategy #EmployeeBenefits #BusinessLeadership

Many employers accept annual health insurance rate increases as inevitable, shifting costs to employees or reducing coverage to stay within budget. But what if we viewed health plan spending differently? Self-funded plans show us that understanding and controlling your actual claims costs—rather than accepting predetermined rates—can lead to more sustainable benefits programs. The real question isn't how to absorb the next rate increase. It's how to build a health plan strategy that gives you the control and flexibility to support both your employees and your bottom line. You may have just renewed, but now you can take advantage of a full year to analyze your options and prepare for a smooth transition to a more cost-effective and flexible health insurance funding model. If you’d like us to take a look, let’s connect. #HealthcarePlanning #HRStrategy #EmployeeBenefits #BusinessLeadership

Exciting News for Small to Mid-Size Businesses! We’re extending our innovative health insurance strategies to more businesses! The successful cost containment strategies we've provided to larger companies are now accessible for businesses with 10-100 employees on the health plan. Join us on September 24, from 12:00 – 1:00 at the Piqua Chamber Board Room as we introduce a healthcare plan with a legitimate strategy to deliver results! Please RSVP to ksherman@piquaareachamber.com This event is perfect for employers who: 🔹 Have 10-100 employees enrolled in their group health insurance plan. 🔹 Are frustrated with the status quo in the health insurance industry. 🔹 Are eager to explore innovative solutions and create a more effective healthcare strategy for the future. 🔹 Are tired of dealing with the hassle of completing FormFire! As renewal season approaches, will you stick with the same old approach, or will you explore a long-term solution with real strategy behind it? #Healthcare #Transparency #HR #CFO 

Many employers accept annual health insurance rate increases as inevitable, shifting costs to employees or reducing coverage to stay within budget. But what if we viewed health plan spending differently? Self-funded plans show us that understanding and controlling your actual claims costs—rather than accepting predetermined rates—can lead to more sustainable benefits programs. The real question isn't how to absorb the next rate increase. It's how to build a health plan strategy that gives you the control and flexibility to support both your employees and your bottom line. You may have just renewed, but now you can take advantage of a full year to analyze your options and prepare for a smooth transition to a more cost-effective and flexible health insurance funding model. If you’d like us to take a look, let’s connect. #HealthcarePlanning #HRStrategy #EmployeeBenefits #BusinessLeadership

Retention Strategy One of the most effective retention strategies for organizations is offering family health insurance. This benefit allows employees and their families to take care of essential medical needs without worrying about the financial impact. By providing this coverage, employees can focus on their work without the added stress of caring for their loved ones' medical needs. Not only does this approach increase employee retention, but it also boosts engagement. Consider offering family health insurance as a way to support your employees and keep them happy and healthy! #RetentionStrategy #EmployeeBenefits #HealthInsurance

Many employers accept annual health insurance rate increases as inevitable, shifting costs to employees or reducing coverage to stay within budget. But what if we viewed health plan spending differently? Self-funded plans show us that understanding and controlling your actual claims costs—rather than accepting predetermined rates—can lead to more sustainable benefits programs. The real question isn't how to absorb the next rate increase. It's how to build a health plan strategy that gives you the control and flexibility to support both your employees and your bottom line. You may have just renewed, but now you can take advantage of a full year to analyze your options and prepare for a smooth transition to a more cost-effective and flexible health insurance funding model. If you’d like us to take a look, let’s connect. #HealthcarePlanning #HRStrategy #EmployeeBenefits #BusinessLeadership

Many employers accept annual health insurance rate increases as inevitable, shifting costs to employees or reducing coverage to stay within budget. But what if we viewed health plan spending differently? Self-funded plans show us that understanding and controlling your actual claims costs—rather than accepting predetermined rates—can lead to more sustainable benefits programs. The real question isn't how to absorb the next rate increase. It's how to build a health plan strategy that gives you the control and flexibility to support both your employees and your bottom line. You may have just renewed, but now you can take advantage of a full year to analyze your options and prepare for a smooth transition to a more cost-effective and flexible health insurance funding model. If you’d like us to take a look, let’s connect. #HealthcarePlanning #HRStrategy #EmployeeBenefits #BusinessLeadership

Confused about how to choose the right health insurance coverage in 2024? 🤔 No worries, your guide to securing your health is right here! 🛡️ Learn how to pick the best plan for your needs and protect yourself and your loved ones. To know more click on the link in the comments. #healthinsurance #insurance2024 #financialplanning #healthcaretips #insuranceguide #protectyourhealth #insuranceadvice #wellness #secureyourfuture #healthcoverage Tags: [health insurance 2024, insurance guide, choosing the right insurance, health coverage, financial planning, wellness, insurance tips, securing your health, healthcare planning]

🌟 Health Insurance Landscape in 2024 🌟 Did you know that in 2024, an impressive 92.3% of Americans—around 316 million people—have health insurance coverage? This remarkable progress shows the ongoing efforts to enhance access to healthcare and improve our nation's health outcomes! However, we still have work to do. About 7.7%, or roughly 26 million people, remain uninsured. This statistic reminds us of the challenges and disparities we face in ensuring that everyone has access to adequate health coverage. As we move forward, it's crucial to continue engaging in policy discussions and also knowing what your plan is actually covering. Let's stay informed and advocate for better healthcare access for everyone! Reach out if you have questions about your health coverage or if you want to be put in a better position. 💪❤️ #healthinsurance #HealthcareAccess #communityhealth #policychange #legacyensurers #insuranceelevated