Have you evaluated your business’ healthcare costs?
Healthcare costs for a business can be significant and should be evaluated regularly. This article from Crain’s Detroit Business gives some great tips on how to evaluate your business’ healthcare costs and also poses some considerations to take into account to work against the rising health care costs.
The key is to be aware of your options and weigh whether your business’ current employee benefit plan is meeting the needs of your employees at the best price possible. Your accounting professional can also be of assistance in evaluating tax and financial implications of plan changes.