Ways for private companies to reduce healthcare costs
Two months ago, the purchase of healthcare insurance across state lines or through trade associations or coalitions was quietly approved by the Federal government via an Executive Order. This is potentially a huge cost reduction opportunity that your brokers will probably not tell you about. CFO Forum is addressing this topic at our March 13 meeting AND we have an existing coalitions that your company may want to examine. We have set ours up to exclude elements that have deterred firms from considering participation in a "captive" insurance program. There is no capital investment or deposit up front or ever, there are no cash calls, ours in based in the US (not in Bermuda or the Grand Cayman) and for the first time, a small company can have access to your claims data.
As we all know, data is power. You can expect 20% lower premiums, stability and predictability, a chance to have a return of some of your premium, assistance in managing risk and cost while improving the health of your employees and their families and providing affordable health care to them. And, our alliance group(s) can accept qualified small (over 50 employee) firms from any state. And-you don't have to be a multi state employer to participate.
If would like more information, please contact me or read Breaking Through The Status Quo-available on Amazon. If you want to attend the March 13 meeting in Allentown, please contact me. We have a few seats available.
Managing Partner at Main Street Values, LLC
7 年Great news, for both small businesses and nonprofit associations that empower them ??
SME for Unique Solutions to Better Manage Your Rx Spend
7 年Get em Gary....data is the key to everything. When you cant get it in your current health plan it's time to start looking elsewhere.