NHLRA OFFERS A NEW BENEFIT – AND A BETTER ALTERNATIVE Congratulations, NHLRA members – your association, in partnership with Clark & Lavey Benefits Solutions and Roundstone, has brought you a new benefit option that impacts your bottom line in a big way.
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ntroducing the Association Health Plan! We’ve made it easy for small and mid-size employers to get big coverage (and see big savings!). As an employer, you want the best for your employees while also being able to thrive as a business. Keeping an eye on your costs and learning how to contain them can impact your bottom line right now in a big way, and the flexibility of a self-funded plan can deliver dramatic savings. NHLRA members now have access to the Association Health Plan, an innovative benefits solution potentially lowering healthcare spend by 20% while improving employee experience. This new member benefit provides you with the roadmap you need to save big on healthcare and stop the shift of increased cost burden being transferred to employees. In the current healthcare climate, employers see double-digit increases in premium rates year over year when using a fully insured plan. Captive self-funding is an alternative to this price gouging and allows you to take control over your employee benefit costs. Employee health insurance premium savings stay in your pocket, not with the insurance companies. The way to manage health plan costs down each year is to keep as much of the savings as possible and to do so year over year – this is the long-term strategy you need! A self-funded healthcare plan means that you only pay for the benefits you use – on average, only 15% of your total projected costs are fixed, which means you have more opportunities to save. By banding together with other employers like you, and other association members, you share the risk – with the potential for big savings. If you’ve looked into self-funding before, you recognize the transparency and control a self-funded plan affords. We’ve been in the business of self-funded health insurance plans since 2003 – now it’s time for smaller groups to get in on the action! With the Association Health Plan, groups of as few as 5 members can realize savings – small and mid-size businesses can enjoy the benefits of self-funding with the comfort of cash-flow protections included. Roundstone’s quoting and onboarding process is easy and efficient for advisors and associations alike. An online, automated platform offers you a quote instantly. It’s easy-to-use and educational, so you’ll feel informed about the choice you’re making to offer your employees great benefits at an affordable price. Now you can shop for health insurance like you would any other product, with support from Alex Sinclair of Clark & Lavey. It’s easy to get started – just visit the NHLRA’s Association Health Plan website and request a quote. If you have any other questions you can contact Alex Sinclair at 603-921-6394 or alexs@clarklavey.com.
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