When this large industrial services company needed to migrate employees to the individual market, Benefitter helped them make the change with clarity, fairness and confidence.
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In October 2014, Benefitter surveyed 1,028 brokers on the impact of group premium increases. Their access to 2015 renewal rates provides a timely perspective on how regulatory changes are affecting employers.
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Deliver Smarter Benefits with Clarity, Fairness and Confidence
Rein-in rising health insurance costs
Since 1999, health insurance premiums rose at more than 4x the rate of growth in worker earnings. Our approach can generate savings of 20-50%. (1)
Fewer than three-quarters of medium-wage workers choose to participate in workplace health insurance. Our web-based tools show who will benefit from a move to the individual market. (2)
Increase employee choice
A staggering 85% of companies that offer group benefits provide workers only one plan type to choose from. Benefitter unlocks access to all types of plans and dozens of product options in most regions. (3)
Should Your Company Try Benefitter?
Your Likely Benefit from Our Approach is:
Significant savings are now available through federal
subsidies offered to lower income workers, and only
available via the individual market
The Individual Market Is Now a Viable Alternative to Group Insurance
More than 3 out of 4 employers say they will eliminate group health insurance by 2020. (*)
Unleash the Power of Benefitter
Give your employees cash, so they can purchase their own insurance on the individual market
Sounds easy right? Well, not necessarily.
We know from experience that execution is critical to success.
We’ll Guide You Every Step of the Way