Insure Your Insurance!
You want your company to stay competitive in a tight labor market by offering a creative array of benefits. To offset the health-care costs that are soaring with every renewal, we can help you structure your funding to save on premiums while keeping the same level of benefits — or even improving the options you offer.
Here are two strategies we can explore for you.
1. Stop-Loss Insurance
All self-funding health-benefit models make use of stop-loss insurance, also known as excess insurance. This form of insurance protects against unpredictable or catastrophic losses. The insurance carrier becomes liable for any losses over a set limit, or deductible. There are two forms:
1. Individual stop loss, or specific stop loss, which caps the impact on any one covered member’s claims
2. Aggregate stop loss, which caps total annual claim liability
We can help you determine the deductibles, coverage periods and risk-management strategy that fits your business best.
2. Gap Insurance
Like stop-loss insurance, gap insurance, or a supplemental health plan, is basically insurance for insurance. It covers medical costs beyond what is covered by primary insurance. Gap insurance gives your employees a cushion for high-deductible health plans that offer lower premiums, thereby reducing their out-of-pocket costs. By combining a high-deductible plan with gap insurance, you might be able to reduce your overall health insurance premiums significantly.
Superior Benefits can analyze your financials, including current and projected premiums and claims. We specialize in providing innovative strategies that are tailored to your needs. We can help you achieve big cost savings on premiums while providing innovative benefits that meet your employees’ needs.
Ready for solutions? Call us today, 800–275–1891
Tampa Bay Emerging Leaders raised $16,000 for the Florida Sherriffs Youth Ranch providing neglected children with a stable home. Kids are cared for by “Cottage parents” who help the children develop a strong work ethic, sense of responsibility and respect.
Who We Are
We are a National Employee Benefits Consulting firm because we go beyond the expected. Minimizing your business healthcare budget while maximizing your benefits is our top priority.
3705 West Swann Avenue
Tampa, FL 33609
2423 South Orange Ave,
Orlando, FL 32806
110 E Broward Blvd
Fort Lauderdale, FL 33301