Risk Management 101
CU Benefits specializes in working with employers
We all know how expensive employee benefits are and the health care inflation rate is insurmountable to keep pace with, especially if our benefits program is fully insured. The truth is we can’t hide from risk – we either transfer it or manage it or do something in between. Insurance companies are very good at underwriting – at giving you a rate to take on all of the risks of your group.
Insurance companies are very good at underwriting – at giving you a rate to take on all of the risks of your group.
We know from experience that insurance companies are not long-term risk takers. CU Benefits specializes in working with employers to concurrently manage and transfer risk so that your cash flow aligns with the favorable health of your population, which prevents underwriting gain – insurance carrier profit.
Free Whitepaper: 7 Secrets to Lower Your Employee Benefits Cost This Year
As organizations look at budgets each year, one area that will undoubtedly undergo intense scrutiny is the cost of employee benefits. It is a particularly difficult item to manage due to the increasing cost and utilization of health care, not to mention compliance burdens. HR and finance managers need to take a long-term view and commit to developing a multi-year strategy instead of relying on short-term tactics to contain employee benefits costs.Download Now