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Studies show that employee benefits, such as medical insurance, can comprise up to 40% of a worker's annual compensation. This includes costs to recruit, train and equip an employee (whether it be with a computer for office employees or tools for the shop), plus the direct and indirect costs of medical care, claims administration, retirement funding, vacation, disability plans, dental, day-care and any other specialized programs. With annual costs spiraling to unsustainable levels,today's brightest CEOs and managers are looking in new directions for cost-efficient solutions.
AFS and its endorsed insurance and risk management broker, Willis have announced the HR Solutions Casting Care program, intended to help Corporate Members control health care costs.
Key aspects of Casting Care include:
- a health benefit program with premiums tailored to each employer;
- financial protection with an A+ rated carrier;
- multiple design options through a PPO, EPO or high-deductible plan with a health savings account or health reimbursement arrangement;
- the ability to save up to 10-15% by eliminating costly state mandated benefits;
potential savings annually for good claims experience;
- cost-effective claims processing administered by a fully automated third party administrator.
This program is intended to complement HR Solutions, an AFS corporate member service designed to use the cumulative strength of the U.S. metalcasting industry to offer competitive and cost-effective employee benefits and risk management solutions.
For more information on the HR Solutions Casting Care program, contact Leo Baran at 800/537-4237 x 201 or
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