Introducing The Difference Health Plan
A New Self-Funded Health Insurance Solution for Small to Mid-Size Businesses Moving from a fully insured health plan to a self-funded one can be daunting. It’s intimating to take on the risk of full claim exposure. Request a Proposal With The Difference Health Plan, you get complete confidence that we will guide you or your client […]
Read MoreHow Does The Difference Card Work?
A Member’s Guide to Understanding The Difference Card Have you ever felt overwhelmed by the rising costs of healthcare? It’s no secret- healthcare costs have risen dramatically in the United States over the past several decades. For those with employer-provided healthcare, average annual premiums for family coverage rose 37% from 2015 to 2020. At The […]
Read MoreWhich Health Insurance Solution is Right for Your Client?
The Difference Card offers a wide range of products to fit any client’s needs. Request a Proposal Cost Containment Solutions Difference Card MERP Take your health insurance savings strategy to the next level with a Difference Card MERP The Difference Card specializes in administering Medical Expense Reimbursement Plans (MERP). This IRS Section 105 Plan […]
Read MoreFSA Eligible Sunscreen with Skincare Benefits
Summer is in full swing and you’ve probably been enjoying the extra daylight, warm temps, and (hopefully) slower days. But sometimes swimming, time spent outdoors, and long walks with your dog can result in damage from the sun like skin irritation from sunburn, dry skin, or even uneven patches. So how do you take care […]
Read MoreAugust Case Study: Nonprofit Client Saves $242,154 Using The Difference Card
Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, the Difference Card helped a nonprofit client build the most cost-effective healthcare plan for their August renewal. The client was receiving a 55% renewal increase from Anthem. The firm’s Health Insurance Broker engaged The Difference Card to help with a solution to reduce this renewal and […]
Read MoreSpotlight of the Month on Difference Card Broker Partner, John Burgert
Congratulations to John Burgert, of Lillis, McKibben, Bongiovanni & Company, for being recognized as our Broker Partner of the Month for July 2022! John Burgert is the Director of Employee Benefit Services at Lillis, McKibben, Bongiovanni & Company, a United Benefits Advisor (UBA) firm. John partnered with Difference Card Senior Consultant, Rachel Wilburn, from The […]
Read MoreHDHP vs. PPO
When choosing a healthcare plan, you may come across a few options. One of these plans is a high deductible health plan (HDHP). The other is a preferred provider organization (PPO). Employers typically offer both of these options. Each has its pros and cons, which can make deciding between them a challenge. Selecting the right […]
Read More3 Reasons Outsourcing COBRA Might Be Good for Your Business
COBRA healthcare insurance has detailed requirements and deadlines for employers to manage. Companies administering COBRA must keep records, collect premium payments and notify eligible beneficiaries. Compliance with COBRA can be tricky to achieve, yet it’s essential for avoiding non-compliance penalties and fees. Request a Proposal Many companies outsource COBRA administration instead of managing it internally. […]
Read MoreJuly Case Study: Education Client Saves $237,287 Using The Difference Card
Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, The Difference Card helped an education client build the most cost-effective healthcare plan for their July renewal. The client was receiving a 46.5% renewal increase from Humana. The firm’s Health Insurance Broker engaged The Difference Card to help with a solution to reduce this renewal and […]
Read MoreHealth Savings Account vs. a 401k
Should I max out my HSA contributions? Most people don’t think about an HSA as a savings account. Instead, they think of it as an account used to set aside money, tax-free, to pay for health expenses. But the reality is an HSA is much more than a bank account, it’s a long-term savings vehicle. […]
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