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Matthew Coan, Principal, Employee Benefits Division

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Two Ways Mid-Size Employers Can Reign in Health Care Costs

By Matthew Coan, Principal, Employee Benefits Division

clock July 6, 2017 at 10:00 AM

For businesses of any size, controlling costs in this evolving healthcare environment is critical. Many smaller to mid-sized companies, however, aren’t aware of two lesser-known strategies effective at reigning in healthcare spending and regaining control.

The first is implementing a form of self-funding for employee benefits known as a captive. The second is containing prescription drug expenses by renegotiating pharmacy agreements and empowering employees to participate in cost-saving behaviors.

To find out more about these two cost-saving methods, read the rest of the San Francisco Business Times article by clicking the button below.

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Topics: Breaking News, Market Trends

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