Are you a manufacturing company struggling with the rising costs of traditional group health insurance plans? Is your company losing good employees because of a lack of competitive health benefits? HRAs are a great solution. With Take Command’s HRA for manufacturing, you can offer flexible health coverage without unpredictable renewals and high premiums.
Group insurance costs are on the rise, making it difficult for manufacturing companies to keep up. You can combat these costs and keep your expenses predictable with an HRA. An HRA from Take Command allows you to set a consistent budget, avoid financial strain, and focus on keeping your operations running smoothly.
The lack of quality health insurance options can be a major obstacle to employee recruitment and retention for manufacturing companies. However, with an HRA, manufacturing employers can provide tailored health benefits that fit their budget while allowing employees to choose plans that meet their healthcare needs. This flexibility is crucial for keeping top talent and recruiting young workers who are typically drawn to remote or tech jobs.
The manufacturing industry as a whole faces challenges recruiting younger generations who prefer flexible, digital, or remote jobs. With an aging workforce, employers within the industry need to rethink their benefits strategy to work toward filling the 2.1 million jobs that will be standing empty by 2030 due to a lack of skilled labor.
The manufacturing industry historically has faced tight profit margins. With inflation and economic uncertainty, it's even harder to weather what comes next. An ICHRA with Take Command is a proven tool that helps employers navigate uncertainty and control costs.
Union Orthotics and Prosthetics faced a 40% renewal and frustrated employees who wanted more choices for health insurance. Discover how their partnership with Take Command helped them tackle skyrocketing group insurance costs and provide flexible employee benefits.
ICHRA can work for any size manufacturing company. Using this flexible, tax-advantaged plan, you can
QSEHRA is best for manufacturing companies with 50 employees or less. This plan lets you:
With our manufacturing benefits software, you can design your tailored plans and receive expert support when you need it.
We manage the entire process and help your employees easily transition to their new HRA
Our platform streamlines monthly tax-free reimbursements with clear reporting and easy instructions.
Want to learn more about HRAs? These blogs provide helpful information and tips to help you improve your benefits strategy and manage costs effectively.
Manufacturing companies face recruitment and retention issues, especially with the rising costs of traditional health plans. HRAs are a flexible solution to retaining top talent while managing expenses. Learn more about how HRAs are improving manufacturing health benefits.
Many manufacturing companies see their group health plans go up each year. This post dives into strategies you can take to control it. Hint: it's an ICHRA.
