What is your company doing to deal with rising health insurance rates? - Kansas City Business Journal:

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In addition, this year we are offerinfg two health insurance plans that offer different levels ofbenefitxs and, of course, different premium Employees are able to tailo r their health coverage to theitr particular needs. We are also considering a high-deductiblse health plan with a health savings account that would providre another level of choice for employees and enable them to manag e health care costsmore directly. CFO, One of the best ways to reduc health care costs is through prevention andearly detection. For this reason, the majorithy of ’s available health care plans cover the expensd for preventative healthcare services, such as flu shot s and annual exams.
Living a healthy lifestylew is also an important preventative care Throughthe company’s health and wellness initiatives, professionals have accessx to physical fitness programs and activities, as well as educationakl tools that include eating modification, stress management and smokingb cessation. In addition, Black Veatch subsidizes physical assessmentsd and wellness evaluations to provide professionals with a baseliner of information for developing their individual healtyh andwellness goals. Vice president, employeed services and rewards At JEDunn Construction, we believe that employeese provide our greatest strategifc advantage.
Consequently, we provide employees the most competitivre benefitpackage available. We currently utilize an alternativse funding strategy and continually benchmark our plands from a design cost andutilizatiohn perspective. In 2005, we introduced the DunnWell program to providr employees with important information about their persona l health through annualscreening events, a health-risk and a variety of classees and other health improvement opportunities. During we added a health enhancement coordinator to our team to assistf our employees with health andfitness planning.
As a resulft of these efforts, our annualizefd trend rate is under 5 This success has been achieved without benefit reductionds or significant cost increases toour employees. We are also excitede about the construction of our newcorporate headquarters, whic h will include a 2,000-square-foot, state-of-the-art fitness center that will be free to our CFO, Two West moved to a health reimbursemenr account plan two years ago. Under the HRA the deductible increased significantly, but we reimburse the full amoun t of the deductible for theemployee only. The HRA plan reducesd our health insurance premiunm by38 percent.
We used part of the savingds to expand our benefit offerings and now paythe employee-onlh full premium for dental, life, short- and long-term disability, and long-term care. For employees who must cover their spousesand children, we have a flexible spendingf account in place to help offset the costs of premiums and This requires a degree of planninb with our employees, but we are willinh to spend the extra time to offer the best benefitx to our employees at a reasonable pricse to the employer.
CFO,