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Monday, 10 April 2017 09:39

Benefits for Spouses – Not all Employers say “I Do”

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Employers are naturally concerned about their rising healthcare costs, and are always looking for ways to cope with this ongoing situation.  While Fall River helps its clients create year-round strategies to address costs over the long term, some employers need some short term or one-time savings. 
One approach for one-time savings is taking the stance of limiting or cutting out spousal benefits.  High claimant spouses can have a significant impact on renewals and plan offerings.   This blog article, from the International Foundation of Employee Benefit Plans, helps summarize some options employers are taking in response to the escalating costs of healthcare. 
Read 628 times Last modified on Friday, 28 April 2017 07:57