“How do non-commission-based employee benefits firms save us money?”
A little background here...since benefits brokers work for health insurers and get paid commissions and bonuses, they have no incentive to save you money. That’s because they make more money when your rates go up, not down.
They're not in the business of saving employers money; we have 30 years of evidence proving that.
Since health compass consulting works for employers — not insurance companies, we are laser-focused on helping our clients achieve their objectives…and yes, maximizing the return on their benefits investment is usually a significant component.
There are two broad ways in which we save companies money.
We teach companies how to stop paying for healthcare their employees never actually consume, okay? And you'd be surprised at how much that can save the company.
The second broad way that we help companies save money is by teaching them how to stop overpaying for the healthcare that they actually do consume.
In Orlando, Florida, the price variance for healthcare services is over 1100%. That's like being able to buy gasoline for $300 a gallon or buying it for $3 a gallon across the street.
It's the same product.
So that's the situation you have here in Orlando, and you, as an employer, want to take advantage of it.
Those are the two ways that non-commission-based benefits firms save employers money and it usually creates a savings of around $1,500 per employee, per year — without watering down coverage.
If you have more questions, go to our website, healthcompassconsulting.com, and download our Buyer's Guide.
It shows you everything you need to want to know about selecting the right benefits firm for your organization.
August 29
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