Direct Primary Care For Businesses

As a small business owner, you have several options when it comes to providing healthcare benefits for your employees. While traditional insurance plans are still widely used, the emergence of concierge service models offers an alternative that’s gaining traction. The cost of traditional plans has been on the rise in recent years, leading to the average annual premium for employer-sponsored family health insurance in Texas escalating to more than $9,000 annually in 2020. This trend is expected to continue, with premiums for employer-sponsored insurance projected to increase by 5% per year on average over the next decade.

In addition to the high cost of premiums, traditional insurance plans often come with copays and deductibles that can make healthcare unaffordable for some employees. These challenges might prompt a small business to explore concierge service models as viable alternatives.

Traditional Health Insurance Alternatives For Small Businesses

Health Savings Account

A health savings account (HSA) is a type of savings account that can be used to pay for medical expenses. It is paired with a high-deductible health plan (HDHP) and is designed to help individuals and families save money on healthcare costs. Contributions to an HSA are tax-deductible, and the funds in the account can be used to pay for qualifying medical expenses. HSAs may not be a good fit for all employees because they are paired with high-deductible health plans (HDHPs), which have lower premiums but higher out-of-pocket costs. This can be a burden for employees who need frequent medical care or have chronic conditions.

Medical Cost Sharing

Medical cost sharing plans are a type of healthcare benefit option that involves a group of individuals sharing the cost of medical expenses. These plans are typically organized by non-profits and operate on a principle of shared responsibility and charitable care. Participants in a medical cost sharing plan pay a monthly contribution, which is used to cover the medical expenses of other members in the plan. Medical cost sharing plans are not insurance and are not regulated by the ACA, but they can be a more affordable alternative to traditional insurance for some individuals and businesses.

Direct Primary Care

Direct Primary Care, often viewed as a concierge service, is a model of healthcare delivery that involves a monthly membership fee paid directly to a primary care provider. This fee covers all primary care services, including preventive care, sick visits, and chronic disease management. There are no copays or deductibles, and patients have direct access to their primary care provider through phone, email, in-person, and video visits, enhancing the concierge service experience.

SADPC Pro

One option that combines elements of DPC and medical cost sharing is a hybrid DPC/medical cost sharing plan. With this option, employees pay a monthly membership fee to a primary care provider for access to all primary care services. This hybrid approach can offer the benefits of DPC, such as lower fees, direct access to a primary care provider, and personalized attention, along with the benefits of medical cost sharing, such as lower monthly costs with coverage for large unexpected medical needs.

Advantages Of Direct Primary Care

For The Business Owner

Lower healthcare costs

As mentioned, one of the main advantages of DPC is cost savings. By paying a lower monthly fee directly to the primary care provider, your business can save money on healthcare costs compared to traditional primary care.

Simplified benefits

With DPC, there are no copays or deductibles, and all primary care services are covered under the monthly fee. This can make it easier for you to manage your employee benefits and reduce administrative burdens.

Employee recruitment and retention

DPC can be a selling point for small businesses when recruiting employees. Many job seekers are looking for affordable, convenient, and high-quality healthcare options, and DPC can provide all of these benefits. By offering DPC as a healthcare benefit option, small businesses can differentiate themselves from competitors and make themselves more attractive to potential employees.

Healthy employees and a more effective workforce

By providing employees with affordable, personalized, and convenient primary care, DPC can help improve employee satisfaction and retention. This can lead to a more stable, effective workforce that is less likely to experience turnover

Reduce absenteeism

Employees who have access to timely, affordable primary care are less likely to miss work due to illness. This can help businesses reduce absenteeism and improve productivity by ensuring that employees have the healthcare they need to stay healthy and perform at their best.

For The Employee

Lower out-of-pocket costs

With DPC, employees pay a lower monthly fee for primary care services and do not have to pay copays or deductibles. This access to a DPC provider has proven to reduce urgent care and emergency room visits.can save them money on healthcare expenses.

Increased access to care

DPC patients have direct and easy access to their primary care provider, which can lead to earlier detection and treatment of health issues and improved overall health outcomes.

Personalized attention

Many DPC practices have a small patient panel, which allows providers to get to know their patients and their health needs. This can lead to a better patient experience and improved satisfaction with healthcare.

Looking for an Effective and Convenient Small Business Health Insurance Plan?

The health of your employees is crucial for their physical and mental well-being and in turn their productivity. Luckily, finding a healthcare solution for your employees is easier than ever with the help of San Antonio Direct Primary Care.

Contact us today or schedule a call and find out the most affordable health benefits for small and medium businesses and the membership suited for your business.