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Co-payment is a cost-sharing technique and refers to how health plan costs are shared between you and your employees who provide group health insurance plans and pay the fee at the time of the service with the remaining cost covered by the employee. So when your employees claim the company health insurance plan, you as the employer would pay a balanced fee at the time of the service with the remaining cost covered by the employee. To know more visit here https://www.capbluecross.com/wps/portal/cap/employer/shop-group-plans
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How can companies contain health insurance costs? Co-payment is a cost-sharing technique and refers to how health plan costs are shared between you and your employees who offer and pay the fee at the time of the service with the remaining cost covered by the employee. As a company, you will be better off dealing with hospitals that you know will offer the best care for your employees. group health insurance plans Introducing co-payments Introducing a wellness program Adjusting benefits to target only those who need them Limiting cover to specific hospitals with lower treatment costs
