Though the costs of healthcare are rising, there are still some things employers can do to help lower their healthcare costs, without laying off employees. An article in Forbes magazine explained 10 ways that small businesses could reduce the costs of their healthcare plans, even in this economy.

A few ideas highlighted in the article include: Get tons of quotes from numerous carriers to get the best rates possible for your group. Implement a wellness program in the office that will promote better health and fewer heavy medical bills down the road. Look into voluntary insurance that employees can help pay into, so that the full cost does not stay with the employer. Take an audit of premiums to ensure that only covered individuals are getting benefits. Choose to cover only generic drugs.

To read the full article, click here.

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