In this episode, host Jeff Cross speaks with Brian Cutler, CEO of Loureiro Engineering, an employee-owned global engineering company based in Plainville, Connecticut. Brian shares the compelling story behind Loureiro Engineering's decision to transition from a traditional group health insurance plan to an Individual Coverage Health Reimbursement Arrangement (ICHRA after several years of high renewals. The two get into the benefits and challenges of implementing an ICHRA, the steps his team took to make the switch, and how this change is supporting both the company’s bottom line and its people. He shares the mistakes he made that led him to going down the ICHRA path and what he'd share with other companies who find themselves in a similar situation. If you’re a small or mid-sized business leader searching for better ways to offer health coverage—this episode is for you.
Music By: Colin Cross Music
What is Friends with Employee Benefits?
The podcast that tackles trending topics in the employee benefits and HR world… and hopefully entertains along the way. Tune in biweekly to stay informed of the latest trends and industry insights to help you develop an exceptional workplace.