Combined Purchasing Power

Here’s what our combined purchasing power means to you in group benefits:

• Insurer’s expenses are lower per employee, which result in lower premiums.
• Improved benefits (less small print) and higher levels of no evidence benefits.
• Greater premium stability (fewer budget surprises), even if you have a period of high claims.
• Undeniable influence and reduced time spent negotiating with insurers if you have a difficult claim.
• The plan’s consultants constantly act for you by monitoring the plan to ensure that it provides value.

Volume Purchasing Power

The above graph illustrates the potential impact of the volume purchasing power of the member companies over the long term.

• An expense margin is the percentage of each premium dollar used to cover insurance company administration expenses.
• A company of any size benefits more from the lower expense margins through BENEflex® than on a stand alone basis.
• The lower expense margin translates into lower overall premium rates.
• The result is cost savings to BENEflex® member companies participating in the program.

In dollar terms, for example, a member company with 250 employees could save $25,000 – $50,000 annually under the BENEflex® plan versus a stand alone program. Similarly, a BENEflex® member company with 10 employees could save in the range of $2,000 – $4,500 per year based on average benefit program costs simply through volume discounts!

Let us demonstrate what BENEflex® can do for you. Doesn’t it make sense to ask about it?

With BENEflex®, your options are better. More insurers to choose from, lower costs and greater security in your rates.