Why The Difference Card Uses a MERP to Build Custom Plan Designs
There are many employer benefit funding options that maintain pre-tax status with the IRS. One common plan is referred to as an HRA, or Health Reimbursement Arrangement. Some employers allow their workers to direct payroll deductions into an FSA to cover certain medical expenses on a pre-tax basis. Others offer to purchase transit passes on […]
Read MoreSeptember Case Study: Pennsylvania Manufacturer Saves $50,995 on Renewal Using The Difference Card
Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, the Difference Card helped a Pennsylvania Manufacturer navigate a difficult September renewal. The client was receiving a 19.4% renewal increase from UPMC. This manufacturer’s Health Insurance Broker engaged The Difference Card to help with a solution to reduce this renewal WITHOUT changing the benefits to staff. […]
Read MoreWhat Is an HSA & How Does It Work?
More Americans are starting to use Health Savings Accounts (HSAs) to assist with their healthcare costs. As HSAs gain popularity, you’ll likely want to know if an HSA is right for you, especially if your employer offers an HSA in its benefits package with a Qualified High Deductible Health Plan (QHDHP). Fortunately, understanding a Health […]
Read MoreTraditional Dental Insurance is like Driving a Broken Car: Dental Difference is the Solution.
Question: Would you keep driving your car if you lost 40% of the gas each time you filled up your tank? Answer: Of course you wouldn’t! You’d fix the problem or get a new car! Typical Dental Insurance is Broken Dental Insurance is just like this hypothetical vehicle you’re driving in the above scenario. US […]
Read MoreAugust Case Study: New York Non-Profit Group Saves $467,500 on Renewal Using The Difference Card
Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, The Difference Card helped a New York non-profit navigate a difficult August renewal. The client was receiving a 7% renewal increase from Aetna. Read More Case Studies This non-profit’s Health Insurance Broker engaged The Difference Card to help with a solution to reduce this renewal WITHOUT […]
Read MoreTop 10 Reasons to Exit a PEO
Is a Professional Employer Organization Model (PEO) still the right choice? The Difference Card works with many employers- both within the Professional Employer Organization model and outside of the PEO model. However, there comes a time when some companies realize they have outgrown their PEO model. The efficiencies of outsourcing no longer outweigh the administrative […]
Read MoreJuly Case Study: Law Firm goes from 12% Renewal Increase to -4% using The Difference Card
Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, The Difference Card helped a New Jersey Law Firm to navigate a difficult July renewal. The client was receiving a 12% renewal increase from Horizon BCBS of New Jersey. This Law Firm’s Health Insurance Broker engaged The Difference Card to create a solution to reduce this […]
Read MoreWhich Sunscreen is Right for Me?
What SPF Should I Use? The sun plays a very important role in our everyday lives. It helps keep our sleep pattern on track and helps our bodies produce Vitamin D, which is important for bone function and healthy skin. But like most things, it’s only good in moderation. And for those who love the […]
Read MoreDifference Card Recognized with Performance Excellence Award
The Difference Card is honored to be awarded the Alegeus Performance Excellence Award for New Logo Growth The APEX (Alegeus Performance Excellence) Awards honor Third Party Administrators who have demonstrated leadership and achieved exceptional business results using the Alegeus technology platform. Clients received recognition at the virtual 2021 Alegeus Client Success Summit on June […]
Read MoreReminder: PCORI Fees are Due by July 31, 2021
Don’t forget to file by the July 31st deadline What are PCORI Fees? Under the Affordable Care Act (ACA), most employer sponsors and insurers are required to pay PCORI fees until 2029, as it applies to plan years ending on or before September 30, 2029. The PCORI fee imposed on sponsors of a self-insured health […]
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