Are you Satisfied with Your Insurance Agent?
Most business owners are satisfied with their current health insurance agent, and most may have good reason to be satisfied. They may have found their policy at a comparatively low rate that is competitive among available alternatives. However, as you go about the business of running your company, you may find it difficult to keep an eye on changing corporate health insurance policies from one year to the next.
The Price & Personality Fallacy
Many trust that their company’s health insurance policies are the same as they were in previous years, and trust their agents to notify them of any important changes. The fact is you may not be getting as good a deal from your insurance agent as you have been lead to think.
If this does not describe you, congratulations! As for the rest of us, it’s time to clear up a few commonly misunderstood things about the cost of an insurance policy versus their actual value.
Insurance Cost VS Value
Everyone wants to get a good deal on anything they buy- insurance is no exception. When we encounter an insurance agent who is personable and offers us a seemingly fair price, we tend to assume that we have all of our bases covered. However, while we may get an unusually low premium if we are too quick to sign on the dotted line- we may miss out on a number of areas where the insurance policies we pay for may not cover a number of relevant healthcare needs of the people we employ. It’s a common occurrence wherein people discover that the policies they have been paying into do not actually cover them when they need them most.
In our opinion, that is not insurance at all.
The Denesha Difference
Here at Denesha Insurance, we utilize special auditing systems and services that are specifically designed to help you and your employees avoid a non-coverage event, and to do it at a competitive price that matches the services you are actually paying for.
First, is our Business Review Program (BRP). This is a comprehensive assessment of your insurance and employee benefit plan. It is designed to be compliant with all state, local, and federal regulations.
Second, we use a suite of cutting-edge software products which leverage proven metrics to calculate the utility and the value of the insurance policy you purchase. This allows us to determine ahead of time whether or not your policy will do what it claims to do- or if you should look into an alternative. That means you can buy with confidence, knowing that your bases really are covered, and not just take your agent at their word.
Third is our flexible enrollment program where employees can either be entered in groups or enroll individually depending on your preference. Companies also have the ability to monitor HR compliance using our online portal.
At Denesha Insurance, we take an active approach to achieving federal compliance. This is another area where shifting policies can run into problems. Our goal is to help you and your staff to avoid any unnecessary hang ups.
Finally, we will work with you closely to successfully guide you and your employees through the enrollment process- which can be very complicated. For medium-sized to large businesses, enrollment can be extremely complex and leave a lot of details unexamined. That’s why we take the time to guide you through the process and to take a close look at each option offered to you and your employees. We strive to position our clients and their employees properly to fit their own individual needs.
Our goal is to make sure that you understand the difference between the cost of your policy and its real value when it comes time to use it. We work closely with you and use advanced tools to make sure that you get what you pay for- and make sure that all your bases really are covered when and where it truly matters.