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There are many options available to employers to fund their benefits program. It can be challenging to assess which option will have the most benefit for your employees and balance sheet. It is imporant for employers to evaluate their options on a regular basis and choose a funding strategy that will pose the least amount of risk to their company's financial stability.
RJF/MMA Benefits Consultant John McDonough will discuss different options available to fund heath care benefts and things that should be considered as an organization grows and the market changes.
Key discussion points:
•Different funding mechanisms to fit your environment
•Risk vs. reward
•How to affect your total cost of risk
•Regular strategic evaluation of funding sources as your company grows