Health Plan costs have increased 63% in the last 10 years. Has your revenue increased 63% in the last 10 years? If not, you’re losing ground. You’re ability to grow business, expand into new markets, invest in technology and efficiency, or upgrade facilities have been thwarted by the increase in your health plan costs – of which you’ve not had an increase in value. You’re paying more for the same low quality.

This isn’t an HR problem. This is business / financial problem. HR can’t slow the cost trend in your health plan until you decide to engage in it. Until then the annual increases will continue to have a direct impact on your P&L.

Your employees have consistently lost net worth and buying power over the last 10 Years. Their portion of the health plan premium has increased 32% while their wages have only increased 27%. Less money to pay mortgages, utilities, groceries, cars. You get the picture.

The status quo, traditional way of providing health care is damaging your business and making it harder for your employees to improve their way of life. Nobody wins except the health insurance carriers, the hospital systems and the brokers who continue to increase their wealth by convincing you there are no alternatives.
Continuing down the same path while expecting different results is no longer a viable strategy.

If your health plan is eroding margins, limiting reinvestment, and reducing employee buying power, the real risk isn’t change — it’s inaction.

As a fiduciary-minded advisory firm we bring a fundamentally different approach than traditional brokerage models. Instead of being compensated by insurance carriers or vendors, we are aligned to your outcomes: lowering total cost of care, improving transparency, reducing waste, and building a  sustainable strategy that supports both your balance sheet and your workforce. Exploring alternatives does not mean abandoning benefits. It means evaluating smarter funding strategies, demanding pricing transparency, addressing pharmacy and hospital cost drivers, and implementing data-driven solutions that put employers back in control. It means treating healthcare like every other major business expense — with accountability, measurable ROI, and continuous optimization. 

Most employers have never been shown real options. They’ve been told rate increases are inevitable, complexity is unavoidable, and disruption is too risky. That narrative benefits the system — not your company.

Working with a fiduciary-minded advisory firm allows you to challenge that narrative, uncover hidden cost drivers, and design a benefits strategy that supports growth instead of draining it. Your health plan doesn’t have to remain an ever-increasing line-item expense. It can become a strategic asset.

Find out what working with a fiduciary advisory firm like Primum Risk Strategies can mean to your bottom line. Schedule an introductory no-obligation conversation with us today.