Side affects podcast
Medical Plan Benchmarking
Episode #5
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20160308
For an employer, benchmarking is a vital piece for continued growth and success. Employers need to know how they compare to their competitors. Otherwise, failing to do so may result in being left behind.
Benchmarking should not only include sales, marketing, and customer service, but you also need to look at how your medical plan stacks up to the competition.
When we speak to different clients, prospects, and organizations, some have very strong cultures. To continue cultivating this culture, they seek to offer health benefits at a very high level. This results in paying for these benefits at a high level.
In this episode of Side Affects, Scott McGohan and Anne Marie Singleton discuss medical plan benchmarking and the role this data plays in building a company’s benefits program.
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