I got a renewal hike
and need help now.
I need top benefits partners for my next renewal.
I want access to others who are walking the same path.
Are You Sure You’re Getting the Best Benefits at the Best Cost For Your Company and Employees?
- Do your premiums go up 5%, 10%, 15% or more each year?
- Does your broker know your business inside and out?
- Are you given strategies to combat huge medical or pharmacy claims?
Reveal
Define what is most important for you regarding employee benefits.
Understand
Uncover the best benefits strategies for your company based on your goals.
Connect
Get paired with other employers who have implemented cost-saving solutions.
You’re
Not Paranoid!
The system is rigged, and it’s not in your favor.
Most brokers aren’t sitting on your side of the negotiating table when it comes to their compensation. Discover how the system is stacked against you (and the simple steps you can take to get the best deal for your company and employees).
The Normal Approach to Benefits is Broken
Soon after I added CHRO to my CFO role, my company received a claim that was over $1M per year.. I worked with our broker, and we came up with a creative solution that not only got this person the life-saving medicine, but it didn’t impact our future premiums. This is when I realized that the normal approach to benefits is broken–but tackling benefits challenges in a new way can reap … huge…
… returns for your business.
For example, in 2014 my company had about 500 employees. My broker and I created a strategy that moved us from a fully-insured plan to a self-funded plan.
There was a lot more to it than that, but by changing his compensation structure, and working out some details with the healthcare and pharma providers…
… we now enjoy over $500,000 of premium savings per year, and out-of-pocket costs for our employees that are 20% lower than they were in 2010!
That’s not a typo, and yes–it is possible.
But you have to go about your benefits plans in a different way. And most brokers don’t know how to do it.
That’s where I come in.
As a CFO, CHRO, and licensed benefits broker, I know each side of the conversation when it comes to creating benefits plans.
I know what’s important to each party, and because of my passion for finding a better way to set up benefits plans–a way that fights against the rigged system that most employers have to wade through–I can help you find creative solutions so you can bend that cost-curve without providing inferior health coverage.
I can also help you vet a new broker who is also fighting against the system (yes, they exist).
So click here to send me a message, and let’s start the conversation.
Teresa Jorgensen, PHR, SHRM-CP HR Professional
The biggest thing I got out of your presentation is that a good program is a team effort. There are options out there that can be beneficial to both employer and employee but involve HR, Finance and a broker willing to look at options. The chart indicating the cost increase over the years was a great visual of how things have gotten off track but is considered part of business. Thanks for giving us info indicating it doesn’t have to be that way.
Roja A Sharifzadeh, SHRM-CP Human Resources
...When I heard you speaking, I thought to myself ”finally, somebody is speaking to the power, somebody is talking the truth about this rather ugly business”... You are in a very unique position to advocate for the employer as a whole and its different departments.
Lara Proffit, MM, HRM Director
You humanized the subject. As an HR person I’m not a Finance specialist and most CFOs are not necessarily high on EQ. The fact that you had to study up to understand the benefits world made me feel better. So important for head of finance and head of HR to work together.
Kendrick Johnson Doctor of Osteopathic Medicine
Steve Watson is perhaps the one person who best understands the intersection between business finance, human resources and health benefits. I highly recommend him for speaking engagements on the subject of revolutionizing health benefits for the good of everyone.
Wondering where your broker stands? Evaluate them with the Trendbreakers…
Broker Scorecard
Whether you’ve been with your broker for years or you’re shopping for a new one, this scorecard will give you an objective way to evaluate your broker, and help you determine if they’re sitting on your side of the table during negotiations.
