Rising health insurance expenses and the pressures of the federal Affordable Care Act remain major concerns for businesses across the state. These trends hit small businesses the hardest.
In fact, 80 percent of Missouri business leaders expect their health care costs to increase significantly in coming years. And more than 70 percent say rising health care costs will limit growth at their businesses, according to a Gallup survey conducted by the Missouri Chamber as part of its Missouri 2030 strategic initiative.
In response to this, a new type of health insurance offering came to Missouri in 2017. Called a multiple employer welfare arrangement, or MEWA, this innovative model enables smaller employers to join together and share in the overall claims risk by being part of larger self-funded pool.
Please call Mike Keith Insurance at 1-800-748-7985 for more information!