Health Insurance Headaches
Rising employee benefits’ costs are a pain in the bottom line
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Rollins also cited a 2004 survey by the Economic Benefits Research Institute, Redmond, Wash., in which 79 percent of respondents said they base their decision to accept or reject potential employment on the company’s benefits program. “Businesses are learning that insurance premiums are just one facet of the total cost of benefits,” he said. “The structure and design of a benefits program has a direct impact on key areas, such as productivity, employee turnover and administrative costs. The challenge is to strategically design and manage a benefits program that focuses on all variables that affect total cost.”
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- Companies:
- Printing Industries of America, Inc.
- People:
- Chuck Rollins
- Ronnie H. Davis
- Places:
- Sewickley, Pa.
- United States
Maggie Dewitt
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