Because of the tight labor market, employees offering Dallas small group business health insurance

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Contact Us
Rick Thornton
4516 Lovers Lane Suite 317
Dallas
United States
Phone:+1-972-219-6004
mail@insurance4dallas.com

With a tighter job market, employers providing [Dallas small group business health insurance](http://insurance4dallas.com/dallas-small-group-business-health-insurance/) are hoping to keep costs steady for 2019.

Many cities like Dallas have organizations that are creatively leveraging the sizes of their workforce to obtain more favorable deals from insurers and pharmacy benefit plans. Some companies believe they could realize cost reductions by nearly 10 percent. With health care costs saved, cash could then be used to offer attractive recruitment and retention benefits and higher wages to the workforce in a more competitive market.

According to a report by PriceWaterhouse Coopers (PwC) Health Research Institute, overall health costs are expected to increase by approximately 6 percent. Employees participating in [Dallas small group health insurance](http://insurance4dallas.com/dallas-small-group-health-insurance/) plans have experienced rate increases ranging from 5-7 percent over the last five years, in line with numerous cities in large states. To combat these cost hikes, employers had historically provided high-deductible plans. In 2019, not so much. Instead they are opting to not shift the expenses to employees and are resigned to absorbing some of the costs themselves.

Employers are also modifying their plan options by creating ones with tighter provider networks and prescription drug options with more narrow brand name formularies.

So because of the current labor market, employees are truly the customers. Many organizations are working to improve the customer experience by providing user-friendly digital tools that can assist employees 24 hour/day. Most younger workers are increasingly more comfortable with online help and not necessarily needing to speak with someone to manage their health care benefits.

Rick Thornton, a [Dallas small business group health insurance](http://insurance4dallas.com/dallas-small-business-group-health-insurance/) agent thinks this is a positive trend. When labor supply is low as it currently is, employers must be willing to compete for skilled employees. Health care is such an important benefit for anyone. So it makes sense that reduced costs and better options are going to be where the battle lines are to be fought in the next couple of years, he stated.

And in a large metropolitan city such as Dallas, the strength of the economy will certainly impact how businesses manage health insurance and alleviate cost increases to its labor force.

Insurance4Dallas, (I4D), helps insure all of Texas, Oklahoma, Arkansas, Arizona, Louisiana, New Mexico, Alabama, Virginia and Florida. [Insurance4Dallas](http://insurance4dallas.com/dallas-health-insurance) provides consumers with detailed information on health insurance with the ability to purchase health insurance online. Insurance4Dallas provides a full spectrum of health, dental, vision, life and ancillary insurance products, providing a diverse selection of price and benefit options complemented by personal customer service. Available via phone, email or fax, Insurance4Dallas answers consumer questions throughout the purchasing process and during the utilization of its health insurance policies.

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