CheckPoint HR Reduces Healthcare Premiums for 66% of Clients With January 1st Renewals

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Twenty-four percent of clients had minimal increases between one and nine percent.

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Health care is a significant expense for employers and any relief or reduction in costs that can be achieved is greatly welcome.

CheckPoint HR, the trusted ally in web-based Human Resources management for small to mid-sized companies, today announced it has reduced healthcare premiums for 66% of clients with a January 1st renewal date. Additionally, 24% of clients had minimal increases between one and nine percent. Healthcare premium increases have continually impacted many small to mid-sized businesses and the employee benefit programs that are offered.

CheckPoint HR proactively works with clients throughout the year on how to leverage multi-year total cost containment strategies for health care premiums. As evidence from the January 1st renewal data, the strategies put into place are yielding positive results for clients, further signifying that a proactive strategy can help employers benefit from a long term approach.

In addition to working with clients on reducing costs associated with premiums, CheckPoint HR’s integrated solution, which combines benefits, HR management and payroll services into one centralized Web-based system, seamlessly automates all functions related to benefits administration.

“We have always been a benefits-minded company and it is truly encouraging to see the data from our January 1st renewals,” said Patrick Carragher, Director of Benefits, CheckPoint HR. “The fact that 66% of our clients had either zero or a very minimal increase in the current market for employee benefits is a significant achievement.”

“We know the struggling economy has impacted many of our clients and are pleased that we can help them reduce costs while still providing valuable benefits solutions,” said Tim Padva, CEO, CheckPoint HR. “Our goal is to make the job of an employer easier while reducing costs associated with employee administration. Health care is a significant expense for employers and any relief or reduction in costs that can be achieved is greatly welcome.”

About CheckPoint HR
CheckPoint HR, based in Edison, New Jersey, is the trusted ally in web-based Human Resources management for small to mid-sized companies. The company’s complete portfolio combines payroll, benefits and HR management services with a web-based Human Resource Management System (HRMS) technology platform to offer customers an affordable and centralized solution. This allows small to mid-size companies to improve efficiencies, streamline operations and reduce costs. Clients include Innophos Holding, Inc., New York Organ Donor Network, and Hamon USA. For more information on CheckPoint HR, please visit http://www.CheckPointHR.com, call 800.385.0331 or follow us on Twitter at http://twitter.com/checkpointhr.

Copyright © 2012 CheckPoint HR, LLC. All rights reserved.

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Shannon Cortina
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