In January 2014 Optimum Employer Solutions began offering a large group medical program through Anthem Blue Cross. Optimum is one of a limited number of PEOs that are approved by Anthem to offer this program to small business clients.
Small businesses have offered health care products to employees for years, but many small business employers are now facing extreme rate hikes due to the provisions of the Affordable Care Act. For companies with small numbers of employees, health insurance may be out of reach. However, by joining with other small companies through a PEO relationship, these employers may be able to manage health care costs. Optimum Employer Solutions has recently been approved to offer a large group medical program through Anthem Blue Cross, one of a limited number of PEOs authorized by the major healthcare insurance company to do so.
A Professional Employer Organization or PEO may be the answer to outsourcing employee benefits. When small companies pay a PEO to handle the complicated tasks associated with offering employee benefits, they can often save enough money to make health care and other perks feasible for their employees. Even larger companies are considering PEOs to take over the handling of human resources issues.
According to Pat Cleary, CEO of NAPEO, many companies may be required by the new law to offer healthcare insurance but may have trouble navigating the requirements of the new act. Cleary says, “The perils and pitfalls that are in there for any small business are significant. The biggest advantage, in my view, of going to a PEO is to be able to say, ‘Figure this out for me.'”
Now that Optimum Employer Solutions has been approved to work with Anthem Blue Cross to offer healthcare plans for small employers, the company is able to cut employer costs even further. By working with a major healthcare insurance company, Optimum will be able to offer employers better and more cost-effective options.
About Optimum Employer Solutions: Optimum Employer Solutions is a recognized PEO that offers employers help with managing human resource tasks and provides health care insurance and other employee benefits for small and medium businesses.
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Optimum Employer Solutions LLC
2530 Red Hill Avenue, Ste. 200
Santa Ana, CA 92705