The Irwin Guide to Healthcare Benefits Management: A Seven-Step Program for Reducing Your Company's Costs

The prospect of changing health insurance coverage may seem like an overwhelming task for most small and mid-size business owners. When faced with the long list of plans ranging from standard indemnity plans to self-funded policies - with a host of complex programs generally described by their acronyms, such as HMO, PPO, or POS, standing in between - many employers do not know how or where to begin.
To keep healthcare costs down, employers would do well to consider the many opportunities offered through managed care. Statistics show that managed care plan penetration is increasing in every market, that employee satisfaction with managed plans is as high if not higher than with traditional health insurance programs and that managed care plans save employers money.
The Irwin Guide to Healthcare Benefits Management offers employers the knowledge and the tools necessary to develop an appropriate and cost-effective benefits program. The key to successful healthcare cost containment is the development of a strategic benefits plan: designing and customizing the right plan that fits your company. To lead employers through this process, the people at McGladrey & Pullen, LLP, have developed a seven-step guide. In easy-to-understand language, the book traces the healthcare industry's recent history and defines and evaluates the myriad plans available. It then outlines methods to evaluate and analyze an employer's current plan and suggests ways in which the plan can be modified or changed. This book provides readers with tangible assistance as they struggle through and try to comprehend the abundance of information in the market.