KIC Refrigeration, Mechanical, & Controls is a full-service Southern California based, maintenance and repair company that focuses on the refrigeration and HVAC needs of supermarkets, convenience stores, and commercial buildings. They have developed, managed, and implemented PM programs that have resulted in measurable reductions in energy consumption and reactive service calls.
2 other brokers had already met with KIC and discussed small group health insurance options. The employer had never offered health insurance benefits before and needed some guidance in choosing the best option for their employees.
Since every broker has access to exactly the same plans and rates, there are no differences in the plans and rates each broker has access to, the employer seemed to have a simple task to choose the broker he felt most comfortable with.
We discussed the additional laws they would be subject to once they implemented employee benefits. Especially, the ERISA Act of 1974. There would be certain wrap documents that he would need to supply his employees with. If he did not, he would be out of compliance and subject to a $100 fine per day per employee. That could amount to $36,000 per employee per year.
The other 2 brokers never mentioned any of this to them.
Since we have a great deal of experience and knowledge in the small group health insurance industry, we were able to:
Having access to the resources than many brokers do not, allows us to provide a greater level of value for our clients.
One Happy Customer!.
When health insurance rates and plans are the same for every insurance broker, what makes the difference?
It comes down to value. We pride ourselves on delivering value to our clients beyond the insurance policy.