You are not being told how the game is being played. How can you win when the deck is stacked against you with misaligned incentives? Here's why:
Your premium is the carrier's profit. The more you pay, the more they make.
A lack of transparency in the healthcare system leaves your employees in the dark when it comes to what they receive and how much they pay for it.
Traditionally, the more you pay, the more brokers get paid.
When you know the rules of the insurance game like we do, you can do something about it!
What if you had a clear plan on how to control your health insurance costs?
What if you could ensure you're not wasting money on unnecessary claims?
What if you could do all of this while eliminating deductibles and copays for your employees?
This historically fully-insured group received consecutive increases in premium over a number of years, culminating in a 30% renewal increase in 2019.
Rising costs were cutting into profitability and this commercial construction company's ability to remain competitive on cost and coverage with their larger competitors. Executive management believed this trend was unsustainable and there had to be another solution.
Hotchkiss Insurance worked with a group that was fully insured and had several notable annual increases in premium costs in a row. The group had previously dealt with rising costs by raising deductibles and copays.
This CPA firm was in a traditional, fully-insured arrangement for more than 10 years, with consistently rising costs. The rapidly growing firm also needed to maintain its competitive recruiting edge by offering an exceptional benefits package that stands out among national competitors.
Over time, the client's total health plan costs had increased significantly. Offering top notch benefits was of paramount importance to the client, but rising costs were threatening the stability of the offering
With the right approach, you can not only protect your employees' well-being, but also experience significant savings. Try out our savings calculator to learn the estimated amount you could be saving with the Benefits Insider approach.
* This is an estimate based on an assessment of our clients average first year savings in our programs and is not a guarantee of results. Your results may differ from this estimate depending on a number of variables.
Benefits Insider is a unique process through Hotchkiss Insurance developed to offer employer sponsored healthcare that aims to lower costs, offer competitive benefits, and help attract talent. We’ve helped companies save millions of dollars while still providing excellent care options to their employees.
As an employee benefits insurance broker and one of the largest privately owned agencies in Texas, Hotchkiss Insurance is uniquely positioned to leverage a depth of resources and strong carrier relationships with a dedicated, nimble team to deliver employee benefits coverage at the highest level to our clients.
Other benefits services include employee benefits consulting and administration, plan sponsor support, compliance advice and resources, financial reporting and analytics, custom communications, wellness programming, and other specialized solutions tailored to support your organization.