It’s estimated that 50 per cent of all health insurance members are through group schemes with nearly 40 per cent of these, or 400,000 members, receiving a subsidy from their employer. With medical inflation averaging 6 to 8 per cent, employers who fund the cost of healthcare still have serious budgeting challenges.
Whether it’s fear of change or simple inertia, many employers – especially small businesses – are missing out on the latest deals and are therefore overpaying...
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