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The Healthcare Reform Act is a lot like the children’s game, “Chutes & Ladders”…  You may pay a little less  over here, but if you’re not careful you’ll pay a lot more over there.  So it pays to be informed and listen to the advice of experts.

 Did you know  that your Texas Small Business now *may*be eligible for a  a TAX CREDIT of up to 35% from Uncle Sam  for:

• group dental insurance premiums
• group disability insurance premiums
• group critical insurance premiums
• group long term care premiums
• “some” hospital confinement or medical gap plans

And if you are a Texas employer who pays 100% of your employee health insurance premiums, has your broker told you that a Texas state law enacted last year now forces medical insurance companies  to offer you some health plans at a significant discount?

If your broker or CPA hasn’t met with you within the last few months to explain the Healthcare Reform Act’s Small Business Tax Credit as well as other programs that could save your firm thousands of dollars every month, then call Group Benefits Advisors, (888) 398-6246.

Without an informed benefits plan, your company could be severely impacted, so call us if you want professional advice.

We will listen to your concerns and objectives and recommend to you other employee benefits strategies (many of which are low or now cost to your firm) that can implement right now that will help you retain your best employees and reduce or stop employee benefits cost inflation.  Call us today at (888) 398-6246.

Call us for the whitepaper of how our business partner helped the city of Dallas save $1.6 million dollars in wasted benefits costs. If your business has 400 or more employees on your group benefits plan, our experience is that your firm will save over $100,000, and your employees will save a lot, too.

How? Through one of two processes. One is called dependent verification (lower cost, what the City of Dallas did). the second is called dependent audit (higher cost, but greater return, and now required of any federal contractor.)

Several studies have shown that about ten percent of the dependents on a group health plan are not in fact eligible for the plan. It could be a child (or grandchild) who is no longer eligible for benefits. It could also a former spouse or boy/girl friend. In any regards, these are individuals who don’t qualify for benefits, and they are much more likely to have health problems and higher claims than truly eligible dependents, which is why they snuck onto your company’s plan.

If you haven’t conducted a dependent audit or verification recently, your firm (and your employees) are likely paying at least 10% more for health benefits than you should.

Essentially, we become your company’s “bad cop” during your open enrollment. Employees will be required to verify the eligibility of any dependents on your benefits plans by providing proof — birth certificates, wedding licenses, etc. We do the dirty work, and you and your employees who are following the eligibility rules will benefit with lower claims and premiums.

We will also provide a “soft landing” for those dependents who we determine do not qualify for your health plan by assisting them with providing alternate forms of private or government-assisted health coverage.

Our dependent audit and verification service is not only affordable, but if your company qualifies we may be able to guarantee your company a 300%
ROI.

For more information about our Dependent Audit and Dependent Verification Services, contact Group Benefits Advisors today at (888) 398-6246.

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