When companies try to save money, they typically look at their most significant expenses to see if they can trim them down.
Health insurance is likely one of the highest line items in your budget, whether you're a small or large business owner. Your payroll is probably higher, and depending on the type of company you have, equipment and maintenance might be more costly, but employee benefits are always up there.
And these costs continue to grow every year! According to projections by the Centers for Medicare and Medicaid Services, national health spending will increase by 5.5% per year until 2027.
So how can companies limit the ever-increasing costs of health insurance? Enter level-funding.