May 14th 2013 at 10:00am
20 Milk Street
EAG’s founders & top management have been at the forefront of bringing assessment based healthcare solutions to the small business community. With over 25 years experience in the health insurance industry, the EAG management team has the expertise necessary to bring value based solutions to our clients. EAG offers actionable and fiscally responsible options on how small businesses can implement a long term strategy to control their healthcare costs.
In a small business community rated state like MA, all that is required to get a fully insured quote is a census, SIC code, and zip code. Since the rates are fixed, there is no real value to be added by the broker/agency. This is known as a spreadsheet methodology: “Give me a census; I’ll give you a rate.” The only differentiation is the format of the spreadsheet.
At each renewal most companies face the following decisions:
- Pay a double-digit increase.
- Hold costs by buying less insurance (higher co-pays and deductibles) or insurance plans with reduced / limited networks.
- Shift more of the premium cost to the employees.
Each of these decisions has a negative effect on the employees.
None of these decisions represent a long term sustainable strategy. (see De-Evolution of a Company’s Health Plan)
At EAG, we pride ourselves in approaching our client’s health insurance requirements with the individual company’s goals in mind, rather than with a spreadsheet. We invest the time and energy necessary to understand each client’s unique needs and healthcare utilization. This allows us to tailor individualized solutions for each business client, by exhausting all available options in order to provide both short and long term strategies for controlling healthcare benefit costs.
We would like the opportunity to welcome you to our community of extremely satisfied clients. (see testimonials)