World Insurance Associates LLC’s Post

Employers: What's your plan for your company's upcoming employee benefits renewal? Don't accept the status quo many organizations do of feeling powerless to increasing costs. Learn how to take control of your spend AND improve the well-being of your employees - creating a sustainable, competitive program. Join us July 17th for an informative hour - Details below!

'Making accessing healthcare as convenient, connected, and easy to understand as other aspects of daily life' -Daniel Kueter Doesn't that sound nice? UnitedHealth Group highlighted Surest during the 2023 Investor Conference. Watch the video below to dig into how Surest CAN make health insurance work better for all.

If you’ve ever thought traditional health insurance is too costly and too confusing, you’re right. That’s changing with plans like @Surest, which reimagine health benefits in multiple ways: 🎯 Improved transparency, including the ability to review cost and coverage information in advance of scheduling medical appointments. 📉 No deductibles and no coinsurance, which simplifies how people use their health plan and leads to lower costs for consumers and an average savings of 11% for employers. ⭐ Improved member satisfaction, including a Net Promoter Score significantly above industry benchmarks. To better understand how Surest is changing health benefits for the better, check out this video featuring @Dan Kueter and @Elizabeth Koonin from the @UnitedHealth Group 2023 Investor Conference.

According to the 2022 KFF Employer Health Benefits Survey, the average annual cost for INDIVIDUAL ONLY group health coverage is $8,012 per employee per year for small companies. The average individual-only health coverage only costs $1,116 per year at EIS Benefits, for about an 86% savings on health insurance alone. The numbers speak for themselves.

@ParetoHealth, our Members are well informed because we keep them up to date with what’s on the leading edge of the health insurance market— whether it’s a wellness app or strategies for cost containment, we help them get better care with more value. This gives our captive Members the opportunity to do more than provide their employees with healthcare benefits. They can build a plan they utilize with options that are flexible and work with specific employee needs. In addition, ParetoHealth captives provide Members with a community of peers that offer perspectives for a full scope of what’s really happening in the world of health benefits currently and what’s past the horizon. Are you curious to learn about cost management opportunities you’ll never hear about in the fully-insured market? Reach to me and find out more. #employeehealthcare  #captiveinsurance  #flexiblity

Every year, the Kaiser Family Foundation (KFF.org) issues a report on Employer-based Health Insurance. This year’s report was issued on Wednesday. It is truly a treasure trove of information on all aspects of the commercial insurance market and is a must-read. You can read the executive summary, but far more impactful is to look at the excellent Figures. I also recommend the following article from Health Affairs to get a big-picture overview of the study: Health Benefits In 2023: Premiums Increase With Inflation And Employer Coverage In The Wake Of Dobbs

Empower Your Organization with Knowledge! 🚀 Employers, are you ready to take control of your health insurance costs and improve employee benefits? Understanding captives in self-funding can be a game-changer for your organization. In collaboration with ParetoHealth we're committed to educating employers about the benefits of captives in self-funding, including: ✅ Reducing healthcare expenses ✅ Gaining control over your health plan ✅ Enhancing financial predictability ✅ Offering superior employee benefits Captives allow employers to pool resources, share risks, and achieve greater stability and savings compared to traditional insurance models. It may be your time to move beyond conventional health insurance and explore innovative solutions that work for you and your employees. Join us later this month as we delve into these topics in an informative webinar with Pareto Health. Gain valuable insights from industry experts and discover how captives can transform your approach to healthcare. Register for our Live Event! https://hubs.la/Q02Dztq60 #Healthcare #SelfFunding #Captives #ParetoHealth #EmployeeBenefits #EmployerEducation #InnovationInHealthcare

It's no secret that prices for just about everything are on the rise, and if you're an employer - you know your benefits are probably one of them. If you're not proactively working to contain costs and manage the health of your population, it's probably time to put a strategy in place (and yes health insurance strategies are a thing 😉). Just like your business strategy, you should have a roadmap for your employee benefits. If you don't have an answer to what this looks like for your team - let's talk!

Revolutionize your group health insurance with preventative care strategies. Emphasizing proactive health measures, this approach boosts employee wellness and productivity while significantly cutting costs. Learn how educational programs, regular health screenings, and technology like telemedicine are shaping a future where preventive care is a core element of corporate health policies. #GroupHealthInsurance #PreventativeCare #EmployeeWellness #HealthTech

It is quite possible yearly health insurance increases have already forced you to adapt and modify your company’s healthcare coverage by raising co-pays and deductibles and adding HSA’s. Sound familiar? Now may be time for your business to consider population health management. 80% of all health care spending is caused by preventable and modifiable health risks! We create an immediate profit center, lower chronic disease plus lower costs.