A health plan is divided into two parts: 1. Insured benefits, which on average is 20% of your premiums. This is based on gender, age, salary, and occupation. It consists of; Life insuranceLong-term disabilityTravel health coverageAccidental death and dismembermentStop Loss These benefits are covered by insurance companies in both traditional and auto insured models. This is considered real insurance...Read More

Cutting benefits, or even reducing health coverages can often result in a loss of top performers of a company and difficulties in hiring new talent. Employers and brokers should work collectively to educate employees on how to efficiently use their health insurance plans. Here are 5 ways to help you reduce costs: 1. Shop pharmacies Every...Read More