2:00 PM ET
Approximately 80% of employees may be over-insured. In 2020, the Cadillac Tax will impose a 40% tax on health benefits that exceed the designated threshold. Engaging employees in the plan selection process, rather than letting them make a passive choice, means additional savings for both employee and organization. Having a plan to reduce exposure shows forethought and allows for time to implement strategical changes. Make HR into a hero by making the most of your organization's health benefits.
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