5 ways a health benefits broker can add value to any Tampa business.

If you are looking to navigate complex fields such as employee benefits, payroll, and compliance there is no better valuable resource today than hiring a health benefits broker.

In today’s world a health benefits broker should do more than offer you simple coverage. They should and can help you manage your employee benefits, reduce medical costs, and help you stay compliant with new tax code laws and healthcare regulations.

Today companies use trusted advisors to manage a host of administrative tasks and find solutions navigating through regulations of the health industry.

Let’s face it health care costs are expensive the average employee costs their company almost 1.5 times their base salary.

Companies that use a broker can have the ability to save by reducing your premiums through negotiating better rates and administering cost effective plans.

A benefits broker can alleviate many tasks and allow your current staff the freedom to increase productivity in the areas of your business most important to you.

Health benefits brokers can help you manage compliance with the continual changes in the tax codes or the current healthcare laws including the employer mandate.

You can read a previous article: What’s the employer mandate?

All that being said how can you best choose a benefits advisor that can best work for you and your company?

There are no hard and fast answers, do your research each company possesses different challenges and finding the right benefits along with the right broker deserves some time and effort on your part.

What might work for a team of lawyers might not necessarily work for a chain of body shops.

But when looking into hiring your next benefits consulting firm him, she, or they should posses some qualities to add value as a resource:

5 qualities a health benefits broker can add to your business:

Expert Recommendations

Most companies hire a benefits advisor or firm because they are the experts. Handling one of your highest expenses to just anyone or making a hiring mistake can cost you and your company a lot of money. Getting professional knowledge and a team of experts will in the long run save you time and money.

Objective

“Can‘t see the forest for the trees." Being too close to a problem can make it almost impossible to see the solution. Not to mention all the data you need to sift through to make a proper decision. An advisor brings together all the data from a wide array of resources which allows your company to make better decisions.

Independent

Having an independent broker allows you the luxury of knowing they will always have the best interest of you the client and not be influenced by outside factors. An independent broker can serve as a conduit having preferred relationships with all the carriers and not have hidden agendas behind their recommendations.

Education

Having outside resources to add on-going employee education in employees’ benefits packages can have a positive effect on your team’s morale and help improve their overall performance at work.

Productivity

As previously mentioned you don’t want to take time away from your staff when they can be focused on creating new business and helping your grow your company. A trusted advisor will allow your best employees the time they need and allow them to focus on doing their tasks.

Accurate Insurance Solutions is a full service insurance agency, employee benefits/HR consulting firm. We pride ourselves on outstanding customer serviced and recommendations that are objective and independent. Our goal is to provide innovative solutions that give your employees the same level of benefits while effectively managing your cost.

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If you are looking for an independent broker who can assist your business today set up an appointment.

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