Through our many relationships with insurance companies, underwriters, TPAs and partners we are able to offer clients a choice of health care options designed to empower employers while managing health and benefit costs.
Our goal is to help our clients have the right benefits package, with the most services for the least cost.
Your company’s employee benefits not only provide valuable services to your employees but also make your company a more desirable place to work and more competitive.
Providing health care options to your employees doesn’t have to mean constantly renewing the same plan and paying annual increases.
Whether your company is emerging (less than 10 employees), established (10 to 75 employees), or an enterprise (75+ employees) there are many options and strategies available that can increase benefits and potentially lower costs.
You want to have the right team who understands your company’s unique situation and goals and considers all solutions, not just the ones that pay a broker the most commission. We strive to successfully guide our clients through the world of funding arrangements, provider discounts, network coverage, and stop loss strategies.
An area that sets us apart from most brokers is our decade + use of level funded plans for small businesses, starting with as little as 5 participants. Successful coordination of the benefits offered can enhance the amount of return of claim allowance, thus reduce the total corporate health care cost.
We believe that level- funded plans should be a consideration at renewal time to be compared and considered with traditional fully funded plans.
Want to learn more about level-funded plans? Click here.
Health insurance is complicated. According to a study of Fortune 1000 companies, approximately 68% of employees chose their health plan without understanding the benefits and 71% make their health plan elections based on their monetary contribution. In addition, 32% will not seek medical care because they do not have the money to pay for the co-pays and deductibles.
This thought process by employee’s costs companies millions of dollars while benefits go unused. How do you make the right choice? MLG Consultants will work with you and/or your broker to provide options for your employees and bottom line.
For employers, it is a constant battle to keep health insurance costs down without cutting employee health benefits. MLG Consultants view different strategies with your executive team to provide the best value, cost and options for your employee benefit packages. We have provided options and solutions for many of our clients that save hard dollars in areas that companies have not reviewed in the past.
With the increased workload of Human Resource and Accounting departments, helping employees understand and participate in the right benefit programs is a tremendous time investment. We have successful strategies for all business sectors that have maximized both the clients’ satisfaction and their employees’ understanding of their health insurance options with our effective enrollment model.