MERP vs. Traditional Health Insurance
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 […]
Read MoreWhat are Your Benefits Really Worth?
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, […]
Read MoreMaximizing Your MERP Benefits
Understanding the ins and outs of healthcare can feel like a complex puzzle. Rising healthcare costs that traditional insurance can’t always cover raise some challenges for insurance producers and employers. However, there are ways of combating high healthcare costs. For insurance providers, understanding medical expense reimbursement plans (MERPs) is key to offering clients a way to […]
Read MoreHow to Leverage the Difference Card for Savings
The Difference Card is a unique platform that guarantees users savings in healthcare spending. In 2023, producer partners achieved $5.1 million in revenue, which equated to $129 million in new medical premiums. What’s the secret to how our plans help users save? Read on to learn more about our plan and other cost-saving offerings. What Is The […]
Read MoreHow to reduce healthcare costs with a MERP
Many families worry whenever they have to deal with medical conditions and associated medical expenses. In 2023, the annual medical cost for a family of four in the U.S. was $31,065. To provide relief from medical expenses, employers offer various forms of healthcare plans or benefits for their employees. In addition to the traditional group health insurance, […]
Read MoreClient Retention and Acquisition Tips
Your customers are essential to your company and its bottom line. Producers must find ways to increase their client base and foster the relationships they already have. Taking steps to attract and retain consumers is vital to your business. Below, we explore ways to improve these efforts and the benefits of having strong strategies. What […]
Read MoreTailoring Health Insurance Benefits to Your Clients’ Needs
In recent years, the health insurance landscape has undergone a significant transformation, with customization emerging as a key differentiator for successful insurance brokers. The growing complexity of healthcare needs, rising costs and evolving employee expectations have created a demand for more personalized health insurance solutions. This comprehensive guide explores how to tailor solutions and products to […]
Read MoreBenefits of MERPs for Small Businesses
Health insurance can be a significant expense for small businesses, but employers don’t have to forego this competitive employee benefit to save costs. Instead, they can use a medical expense reimbursement plan to bridge the gap between offering nothing or a full-fledged health care plan. MERPs also bring other advantages besides helping employers afford to […]
Read MoreCost Saving Strategies for Brokers
As an insurance producer, your pitch is most persuasive to prospects when you show them you can put together the benefits they need for their employees at the best price. Along with your expertise in finding solutions that align with their priorities, your ability to get your clients the best deals is core to your […]
Read MoreDo I Have a Good Benefits Package?
Benefits play a significant role in employee stability, happiness and retention. The best benefit packages attract top talent and increase retention rates, which translates into success for the company and employees. What Benefits Should You Look for in a Job? Research shows that 82% of employees would feel a greater sense of overall stability if they understood […]
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