Tom Bazzano Guides Employers Through Vermont’s Healthcare Cost Crisis

Vermont Managing Consultant, Tom Bazzano, Helps Employers Navigate Vermont’s Healthcare Upheaval

Tom Bazzano, Managing Benefits Consultant at OneDigital, is at the forefront as Vermont faces a year of dramatic healthcare changes. As detailed in Seven Days, Vermont’s health insurance landscape is shifting rapidly.

Premium rates for Affordable Care Act plans are projected to double on average next year unless federal subsidies are renewed, and some family plans could now cost more than a typical mortgage. According to the article, up to 5,000 Vermonters could lose coverage if subsidies expire, and insurers are reducing coverage to control costs, leaving many paying more for less.

Vermont employers are facing a perfect storm of rising premiums, shrinking coverage, and a workforce worried about affordability. Now is the time to review your benefits strategy, communicate openly with your team, and explore creative solutions to manage costs and support your people

— Tom Bazzano, quoted in Seven Days.

Read the full article at Seven Days.

Interested in learning more about how Tom and his team are keeping companies ahead of risk while managing rising healthcare costs? Visit the Employee Benefits Consulting page here.