Spotlight 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. […]
Read MoreSpotlight of the Month on Difference Card Broker Partner, Richard Pierro
Congratulations to Richard Pierro, of K&P Benefits, for being recognized as our Broker Partner of the Month for June 2022! Richard Pierro is the CEO of K&P Benefits, a United Benefits Advisor (UBA) firm. Richard partnered with Difference Card Senior Consultant, Oldemar Da Silva, from The Difference Card Southeast Team, to help an Employer Group […]
Read MoreACA Limits Have Increased for 2023: Time to Start Planning
The Department Health and Human Services Announced Increased Health Plan Out-of-Pocket Limits by Over 4% The 2023 Health Insurance renewal season is under way and those employers that are currently at the Affordable Care Act (ACA) limits will find additional room in their plan designs for the upcoming 2023 plan year. Request a Proposal The […]
Read MoreHSA vs. FSA: Comparing Strategies
What is the difference between a Health Savings Account and a Flexible Spending Account? A health savings account (HSA) and a flexible spending account (FSA) are both great savings vehicles to make your dollars stretch further for healthcare costs. With either option, your employer can contribute pretax dollars into your account, and you can use […]
Read MoreJune Case Study: Marketing Agency Saves $46,089 on Health Insurance Renewal
Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, The Difference Card helped a Marketing Agency build the most cost-effective healthcare plan for their June renewal. The client was receiving a 12.6% renewal increase from Allways Health Partners. The agency’s Health Insurance Broker engaged The Difference Card to help with a solution to reduce this […]
Read MoreThe Power of Tax-Advantaged Benefit Accounts
If you’re confused and overwhelmed by tax-advantaged benefit accounts that are offered alongside your health insurance plan, you’re not alone. With July open enrollment season quickly approaching, you may find yourself wondering what tax-advantaged accounts are, how they can help you, and what the differences are among them. Request a Proposal What are tax-advantaged benefit […]
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