For small employers with very limited human resources departments (or none at all), a very simple and effective approach to providing your employees with a health benefit that puts them completely in control is to offer your employees' a fixed dollar amount each month that the employee can use to select and pay for their own health insurance each month.

This defined contribution approach to healthcare benefits you in that your healthcare expenses are predictable and controllable.  Your employees can shop, compare, and select from hundreds of high-deductible health plan options all online and choose the insurance plan that best fits their needs.  Excess contributions can be used to fund their Comerica HelathReserve account and begin helping them save tax-free.

To learn more about the defined contribution approach to healthcare, contact a Comerica HealthReserve specialist.