As healthcare prices continue to increase, employers need to find ways to lower these costs. A Medical Expense Reimbursement Plan (MERP) is a strategic tool companies use to help employees manage their out-of-pocket healthcare costs. MERP products are flexible and tax-advantaged, well-suited to small and large businesses and beneficial to both parties. By understanding the […]

Organizations have realized the competitive advantage of hiring diverse teams to optimize growth. As such, they must find ways to manage the different needs of their workforce. Allowing workers to tailor their healthcare with flexible benefits is one effective approach. Our guide explores flexible benefit plans and how they can help employers, workers and brokers save on […]

If you’re a broker, reducing costs like insurance premiums and deductibles can help you provide value to clients. Fortunately, you can achieve that through insurance cost management. This guide discusses the concept, including the benefits and the role of brokers. You will also learn common strategies, best practices and how The Difference Card helps. What […]

At Difference Card, we’re proud to partner with exceptional brokers who go above and beyond to deliver innovative solutions for their clients. This month, we’re thrilled to shine the spotlight on Dan DeStefano from Liberty Insurance Agency in Pennsylvania, whose dedication and expertise have made a meaningful impact in the employee benefits landscape. A Legacy […]

A Pennsylvania software company faced a significant health insurance renewal increase from Highmark Blue Cross Blue Shield (BCBS) of Pennsylvania, which threatened to raise their premiums by 30%. With over 300 employees enrolled in the health insurance plan, their healthcare spend was poised to increase from $2.8 Million to over $3.7 Million. In addition to […]

Every client you encounter will have a unique set of needs and requirements. While your goal may be to provide a similar service to all clients, it’s vital to tailor your offerings and approach to each client’s specific needs. However, clients sometimes struggle to express their needs or understand them fully. You may need to […]

When it comes to health insurance benefits for employees, businesses have various options. Most companies offer traditional health insurance plans to provide employees with standardized medical coverage. However, there are other medical insurance products to choose from that offer additional benefits. One such product is a Medical Expense Reimbursement Plan (MERP). Whether you’re an insurance […]

Whether you are interviewing for a new position, have started a new job or are seasoned at your company, knowing what your benefits are really worth is important and advantageous. This knowledge equips you with a powerful tool as you progress in your career. Many employees curate benefit packages to attract and retain new talent, […]