What would you do with an extra $1,500 per employee, per year, in profit?
Although 81% of employers use benefits brokers for guidance on how healthcare should be financed and procured for employees, healthcare has become a top expense for most organizations, and 25% of what the average employer spends is considered waste.
🚩A root cause of this waste is that benefits brokers work for insurance companies: they get paid commissions and bonuses from health insurers and vendors,
🚩The more your costs go up, the more money brokers make.
🚩Therefore, benefits brokers have little incentive to find ways to reduce your costs.
Fortunately for employers, Health Compass developed the non-commission-based benefits consulting model, which eliminates financial conflicts of interest so that we can measurably improve the financial and physical health of the organizations and communities we serve.
Since Health Compass operates without financial conflicts of interest, we produce:
✅Higher profit margins
✅Increased cash flow
✅Better benefits for employees
For example, many organizations save ~$1,500 per employee after switching to a fee-based consulting firm their first year.
Employers who replace their benefits broker with a fee-based benefits consulting firm gain a strategic advantage in the marketplace and, thus, increase their ability to achieve key business objectives.
💥If you work for a company that has at least 25 employees and you’re a professional whose serious about improving the financial and physical health of your organization, send me a message so that we can start bringing sanity back to your company’s benefits program today. 💥
101 Lesson On Understanding The Employee Benefits Landscape
