The latest research shows that 75% of employed Americans spent less than $1,000 per year on health care, yet their employers were spending, on average, $3,800 per employee for group coverage!
Professional organizations and associations can help alleviate benefits coverage costs. In addition to providing networking and business building opportunities, a professional organization, generally, can offer its members better health care coverage with better service and at more predictable costs for the business owner. State, regional and national professional organizations and associations often offer member benefits and health plan coverage through nationally recognized insurance companies, and members can share dedicated service teams that provided consistent service, help with complex benefit structures, and work to optimize programs. Benefits vary by organization, but many offer flexible service plans with a variety of portfolio offerings tailored to the profession and work style and a broad network of physicians and health care professionals from which to choose.
Working with a professional association or organization can make it easier for business owners to offer affordable, comprehensive benefit plans to employees. In most cases, both employers and employees can choose a health insurance plan that fits their needs and budgets.
There is such an association plan available for Engineers and Architects. Visit the Employee Benefit Network website for more information.
To date, our most celebrated case saved a client $130,000 of annual health care costs while insuring 43 employees and maintaining continuity of coverage.