October 1 has come and gone, and as we look toward January 1, many employers still have a lot of questions about health reform. In a piece written for the The Institute for HealthCare Consumerism, ConnectedHealth President Joe Donlan outlines 4 tips that employers can take to help ease the transition of the Affordable Care Act (ACA).
“As employers feel the margin crunch, they increasingly seek answers to help moderate costs but also keep employees engaged, healthy and productive. One way to do this is through defined contribution, where the employer determines whether and how much they want to contribute toward employees’ benefits. This approach lets you avoid the open-ended health care costs that typically come with a defined benefit plan.”