May 01, 2012 10:04:53 am
Most employer vision and dental benefits plans were designed years ago, before the existence of Health Reimbursement Accounts (HRAs), Health Savings Accounts (HSAs) or Flexible Savings Accounts (FSAs). Employers and brokers should take a fresh look at their plans to make them simpler, easier to understand and more cost efficient.
Costs are controlled by adjusting the annual maximum and co-insurance rates, rather than exclusions and limitations. These plans are simple to use, and all employees receive the same benefits percentages regardless of the procedures they require.
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