Our affiliation with the National Association of Alternative Benefit Consultants and designees help our employer clients restructure their traditional programs to maximize the benefits provided to their participants. In addition to alternately funded or administrative services only, ASO, plans, Hodges & Associates is a leader in educating, communicating and implementing Health Reimbursement Arrangements and Accounts; Health Savings Accounts, HSA's; and Limited Pay plans to help employers get the most for their employee benefits dollar.
Have you considered just where your plan's costs will be in just a few years without new ideas and approaches?
| Total Projected Group Medical Annual Premium |
| Rate of renewal increase |
| |
10% |
20% |
| Prior Year |
$225,000 |
|
| Current Year |
$250,000 |
$250,000 |
| Renewal Projections Years |
$275,000 |
$300,000 |
| 2 |
$302,500 |
$360,000 |
| 3 |
$332,750 |
$432,000 |
| 4 |
$366,025 |
$518,400 |
| 5 |
$402,628 |
$622,080 |
| 10 |
$648,436 |
$1,547,934 | |