Heading into 2014, American businesses face an important decision about health care: Opt in or opt out?With the Patient Protection and Affordable Care Act, or Obamacare, in effect, companies with more than 50 employees will either offer health care benefits or face penalties. And the choice isn’t as straightforward as it may sound—in many instances, some companies could save money by paying the fines rather than funding a health care plan. Others would lose money if they...
When exploding health care costs threatened Serigraph’s solvency, CEO John Torinus Jr. went outside the box to find a solution. Using his findings, Torinus applied innovative, cutting-edge strategies to cut his health care expenses well below the national average while improving his employees’ care.Now, across America, leading companies are following Serigraph’s example. There is a revolution brewing—a revolution that will dramatically lower health costs...
Whether or not health-care legislation passes, one thing is clear: health-care costs will continue to rise dramatically. While individuals may get better coverage, businesses will have the same problem they've had for the last four decades. Health care, one of corporate America's largest expenses, is growing at double-digit rates, and nothing proposed in Washington will change that.But one medium-size company set out to tame the beast of rising health-care costs, employing best...
