As group health insurance clients pass along cost increases in the form of higher premiums, more and more of their employees get priced out of having health coverage. This in turn lowers participation levels and ultimately raises health premiums for everyone else left on the plan.
Over time this process can lead a group to become out of compliance with minimum carrier participation guidelines and could ultimately lose the ability to offering health coverage to any of their employees.
What can you do to change this participation death spiral? Here is what I did for a client:
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