BeniComp launches employee health insurance tool
BeniComp Health Solutions
recently launched
QuickQuote tool
– to reshape a troubled industry.
The health technology
insurance company
is now
reducing healthcare spending
through
data, prevention and technology.
There
QuickQuote tool
, allows employees groups as small as
25 people
to self-fund health insurance and save hundreds of
thousands of dollars
The whole process of being able to
quickly quote a self-insurance
product
“As a result, we can save a company – let’s say, with
1,000 employees
– maybe
$5 million
the first year.”
Presser explained that companies sit down to
renew employee health insurance
plans every year, and
“the options range from bad to worse.”
One of the ways to avoid that scenario is through
self-funded insurance programs
Presser said it is difficult for smaller companies with
25-100 employees
to transition to
self-insurance
due in part to a lack of data.
“The future of the
healthcare
industry as a whole will always rely
on fintech
,”
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