Often the most expensive component, it is becoming more common for organizations to periodically change their insurance carriers.
In response to this trend, the carriers are designing plans that shift more of the cost to the participants (cost-
Hence, the need for the group to implement ‘cafeteria plans’, ‘section 125′s, etc. are becoming more popular as these IRS filings offer tax advantages to the group and to the member or employee. Due to the complexity of products and the infinite combinations of plan designs, creating a program appropriate to the organizations needs at a good value requires a certain level of expertise and more importantly a human approach.
We at Benefit Technology Group, Inc. try to fulfill the needs of the client first, thus we recommend the plans that offer the greatest value to its members and the sponsoring organization.
If your organization is looking for a new plan to replace its current one, or would like to have our agency service your existing account, our experienced staff will provide the support and tools needed to effectively manage these increasingly complex plans.
Choosing the Right Plan
There are many types of health insurance products such as HMO’s, EPO’s, Point-of-Service plans, PPO’s, and traditional indemnity plans. Understanding the complex nature of these plans and how the coverage’s affect the group requires a certain level of expertise. In addition, adapting the plans to the needs of the members requires a human approach, one that is derived from years of experience based on the feedback obtained from other clients.
We never sell our products solely based on price unless cost is paramount to the group. We examine all aspects of the group needs, such as the network of providers, the coverage’s offered, the reputation of the carrier, and the value to the group. Our dedicated trained representatives take great pride in their product knowledge and their ability to customize a package appropriate to the organization.