If you currently have a group benefits plan, it is more than likely that your Extended Health and Dental benefits are priced on an “experience rated” basis. This means that the more your employees use the plan the more pronounced your annual rate adjustments are. It is quite common for us to see rate adjustments trigger a 20% to 40% increase in total monthly premium. Clearly such cost increases are unsustainable over the long run. Fortunately, they need not be.

Soliciting rates from insurance companies is a simple task that any novice life insurance salesperson can do. However, knowing what to ask for requires knowledge and experience that only a few possess.

Are you aware that your group insurance administration costs can be reduced by over 50%? Under the “experience rated method” administration costs are typically 30% or more of the cost of EHC and/or Dental claims. We can help you reduce your administration cost by up to 50% without reducing coverage.

We can also help your company cap premium rate increases even in situations where your employee claims are high. This will help you escape the cycle of wild annual rate and premium cost fluctuations.

There is nothing mystical or esoteric about group insurance when the facts are presented in plain language.

In essence, cost is driven by 4 factors:

• Pricing / Underwriting Method ‐ insurers use one or a combination of 3 methods. Selecting the correct method(s) for your organization is key to the long term success of your benefits program.
• Number of Benefits & Quality of Coverage.
• Type of Program (Traditional or Flexible Benefits Plan).
• Quality of your insurance advisor.

Our goal and objectives are to:

• Customize a strategy for your organization to provide contemporary and meaningful benefits in the most cost effective way over the long term.
• Monitor and ensure that objectives are continuously met.