Attorney Suggests Tips to Cut Health Costs, But Some Pose Challenges to Implementation

Employers that offer their employees a health plan can implement a number of strategies to reduce their costs—such as offering a less valuable plan or switching to self-insurance—but some may still face challenges, a benefits attorney said at the 50th annual Washington Non-Profit Legal & Tax Conference.

Employers that currently offer gold-level group health-care plans—plans that have an actuarial value of 80 percent, as defined by the Affordable Care Act—can drop to a less valuable option, but one that provides at least “minimum value,” Dan S. Brandenburg, a partner with the Washington office of Saul Ewing LLP, told participants.

Under ...