Group Insurance Isn’t for Everyone

Here are 3 signs your client should consider alternative options

High percentage of low wage workers

Employees earning less than $50k per year are likely eligible for federal subsidies, which can offset the cost of insurance by 50% or more.

Does not provide contribution to dependents

Group benefits with limited contribution towards dependents may harm more than help in some cases, by locking employees out from subsidized federal insurance.

Low employee participation

When participation drops below 75%, cost is frequently to blame. Costly plans erode the perceived goodwill from providing health benefits in the first place, diminishing its core purpose in attracting and retaining talent.

Are You Ahead of the Curve?

When everyone was presenting the traditional options, we came to the table with a new opportunity that fit the client’s profile. By being the only broker willing to put that strategy on the table – and with the ability to execute it – we were able to win the business.
Brokerage Firm Owner, Northern California

Benefitter Facilitates a Sustainable Revenue Model

Fees + Commissions

Fees are the Future

When brokers deliver valuable, cost-saving services to employers, fees are easily justified. Brokers we work with have been able to to maintain or even increase their total revenue on a case, largely as a result of our shared fee structure. Benefitter bakes in a broker management fee from the beginning, since the broker plays a critical role in managing the transition to the individual market. Our analytics include the fee in the cost of the Benefitter program, ensuring that the combined value of the broker’s expertise and the Benefitter solution is represented from the start.

Individual Commissions Made Simple

Transitioning from group to individual enrollment can be a headache for some brokers, especially those with limited experience or interest in the individual market. Benefitter makes it easy, by taking care of enrollment if you lack the capability yourself.

Once employees are enrolled, we collect and collate all commission payments across all employees, and deliver a share back to you, the broker. This enables you to continue receiving standard commission payments, but without the administrative hassle.