As the demand for medical services has increased, so has the price tag for healthcare. For most people, the rising cost of health insurance premiums lies at the center of concerns about rising healthcare costs. According to the National Conference of State Legislatures (NCSL), the average annual premium for family healthcare coverage rose nearly 5% in 2018 to $19,6161.
Healthcare spending in the U.S. continues to rise and is expected to continue for years to come. While there are many factors contributing to the increase in costs, one company is providing relief in 2020 to its customers.
In January of this year, leading human resources outsourcing firm and professional employer organization, INFINITI HR, rolled out the OpenAxess Cigna Medical Program and announced that rates will not increase in 2021 for participating employer groups and new customers.
The OpenAxess Cigna Medical Program is an innovative program designed to stabilize and reduce the cost of healthcare, in some cases by up to 30% to 40%.
Through the OpenAxess Cigna Medical Program and as a PEO customer of INFINITI HR, you can get competitive and affordable rates through the expansive CIGNA network for quality insurance that will help keep your family safe and healthy amidst these uncertain times. Available to groups as small as a single employee, the program boasts lower premiums, more benefits, less money, and telehealth services. Coverage in 2021 is not changing for active customers, and the OpenAxess Cigna Medical Program can be customized to match your existing benefits’ programs.
Open enrollment is upon us; the time when you get notified of increases for next year. If you are seeing big increases in your health insurance costs for 2021, contact benefits ( @ ) infinitihr dot com for a comparison against your 2021 medical renewal and to request a quote dot Switch plans before the renewal kicks in dot
About INFINITI HR
Exceptional Experiences© | INFINITI HR is The Professional Employer Organization by Entrepreneurs for Entrepreneurs. This leading SMB Aggregator created the first fully customizable PEO of its kind designed to reduce total labor cost, mitigate employer liability through master aggregated risk pools, and leverage the economies of scale of a large enterprise for competitive advantage – making it possible for franchises and innovative businesses to grow faster. INFINITI HR is a Certified Professional Employer Organization by the IRS, a proud supplier to Choice Hotels International®, Best Western Hotels & Resorts® and the International Franchise Association (IFA.) INFINITI HR is the Professional Employer Organization for many of the most iconic brands located throughout the United States. This PEO provides full regulatory compliance management, an on-demand HR director for clients of any size, real-time payroll /tax filing, access into industry leading Master Policies for Workers’ Compensation, EPLI, and a True-Group Benefits Portfolio designed for innovative SMB’s.
Click here for the latest press releases and up-to-date news on human resources outsourcing. To learn more about how your business can save time, money, and mitigate employer liability, call INFINITI HR at 866-552-7360 or email info ( @ ) infinitihr dot com dot
“Health Insurance: Premiums and Increases” 12/4/18. https://www.ncsl.org/research/health/health-insurance-premiums.aspx