By Thomas Beaton, Health Payer Intelligence
August 23, 2017—Small employer health plans can deliver similar levels of quality with many of the same cost controls as larger employers, according to new research from United Benefits Advisors (UBA).
A “less is more” approach can provide significant value to smaller employer groups, the study found. Even though larger groups can generally offer lower co-pays and deductibles, small employers can provide comparable health benefits and other employee advantages.
"While employers with 500 to 1,000 or more employees may indeed offer better coverage (lower copays, deductibles, in-network out-of-pocket maximums, and monthly premiums), small employers have a lot to offer employees when it comes to wages, purpose, flexibility, etc.," said Peter Weber, President of UBA in a press release.