Technology helps businesses operate more efficiently and maximize their profitability. Your business likely uses technology to save money in many areas, so why shouldn't that be the case with your business health insurance? If you're like many businesses, health insurance is one of your largest expense areas. Fortunately, there are ways to save money, and technology can play a key role. Below are a few ways to use technology to save money on your health insurance. 

Price shop online

Many insurers today will let you build a plan online to get an estimated price. You can input the number of employees you have, the benefits and coverage you want, and other features. This can help you compare other options to your current plan. You may not even need to switch plans to get a lower price. Many insurers will negotiate their premiums if you find a lower price for similar coverage elsewhere. Collect alternative quotes online and then talk to your insurance agent to see if you can get your price reduced.

Offer an online wellness program

An online wellness program can greatly improve your employees' health and save money on health insurance. An online wellness program allows employees to track activities that may improve their health. For instance, they can track exercise, walks, calorie counting, or even doctor's visits for a physical. The healthier your employees are, the lower your premium will be. You can encourage your employees to use the wellness program by offering rewards, such as longer lunch breaks or vacation days, for reaching health and wellness goals. Talk to your insurer to see what wellness options they offer.

Offer virtual doctor visits

Visits to the doctor are one of the costliest aspects of healthcare. Not all visits need to be in person, however. Telemedicine is a rapidly growing aspect of healthcare. Telemedicine works great for initial visits and consultations. An online doctor understands the symptoms and can refer the patient to a specialist for more advanced treatment. If it's a simple issue, the doctor may be able to prescribe treatment straight from the virtual visit. The advantage is that the virtual visit is quick, easy, and affordable for both the patient and the business. Copays and deductibles are minimal for virtual visits, keeping your costs down. 

Ready to reduce your business's health insurance costs? Contact a business health insurance company today to learn more. They can provide options and help you develop a strategy.

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