Midwest Insurance Drop
Welcome to our FB home! #employeebenefits #health #medicare Making the Insurance and Broker world a better place!
As a Health Insurance and Employee Benefits Agency, we’re able to represent our clients' best interest 100% of the time. Specifically, we’re able to learn exactly what each client needs and are then able to shop all top insurance companies, finding each client the best deal possible. If you ask our clients why they love working with us, you'll hear three common responses:
1.) They saved a TON of
Recently I’ve been getting a reoccurring question from broker partners: what direction do I see the insurance industry going as it relates to health and voluntary (ancillary) benefits?
1. Exposure is increasing and solutions are decreasing. Over the past few years the most common trend I’ve seen is, along with the cost of living, the Deductibles, Copays, and Max Out Of Pockets of health insurance are increasing.
2. Voluntary Benefit Programs and Ancillary Products are the simplest, most affordable, and most effective solution to the unsustainable exposure. Instead of people (and employers) doubling premiums to secure a slight decrease in exposure, attaching a low-costing ancillary product can nearly eliminate it (when done right).
3. Leveraging Tech can make implementation and fulfillment extremely simple. The virtual movement provided through COVID has made education, enrollment, and claims processing nearly seamless when organized and executed correctly.
4. Your competition is providing solutions. Let’s be honest, much like health the P/C world is in a rough spot right now. Whether it’s work-comp or home and auto, rates are increasing and it’s industry-wide. Proactive agencies are making strategic partnerships to provide outside solutions and drive additional revenue streams, and in doing so protecting their books and attracting new clients.
As this trend continues people are looking to employers and brokers for solutions, and the ones prepared are going to see an increase in retention and a more secure book of business.
25/09/2023
If you're a business with under 50 employees and are still offering the traditional group health insurance option, this is definitely something to consider.
Many of my group clients have been able to leverage this concept to save their company tens-of-thousands of dollars, avoid annual increases, AND remove the headache of administering the health plan- all while bringing employees a better benefit.
Good things - if you're in that position drop me a line and I can show you what other groups have done 👍
Individual Coverage HRA | ICHRA | BASE® Any size employer looking to offer individual health insurance tax-free, including those wanting to carve out benefits for certain employees (ex. FTE) or other classes. 1-888-386-9680
14/09/2023
Awesome news for my HSA clients and friends! The contribution limits for 2024 are getting bumped up to $4,150 for an individual and $8,300 for a family. Not only is this going to be huge for pre-taxing medical expenses, but it also will make for a solid tax-savings avenue come tax time.
Your accountants and financial advisors are going to love it!
For those of you who feel like you’re overpaying for generic med’s- check out GoodRX. It’s a free service that nearly every pharmacy loves, costs nothing, and will work regardless of what kind of health insurance you have. It’s something I teach all my clients about, but anyone can use it. Link in the comments 🤙
04/07/2022
Happy 4th of July!
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21/12/2021
This plays with humidity too
For this week’s Knowledge Drop we’re focusing on “strong” broker partners and how to tell if your current broker is right for you. Check it out!
21/07/2021
Although we love our AZ footprint, we’re Wisco all day at heart. Let’s go Bucks!
20/07/2021
Mind. Blown. 💥 💣
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16/07/2021
Thank you for hosting us at the golf outing. Good times!
16/07/2021
This week’s Knowledge Drop is serving more as a PSA to make sure what you have is actually Health Insurance. Check it out!
14/07/2021
💣
13/07/2021
This Share The Love Spotlight goes to a family we helped out of Nebraska. This particular family was spending $1,100 each month on their health insurance only.. After connecting with us and evaluating their situation, we were able to move them to a better policy with a lower deductible, included Dental, Vision, and Life for a total of $451, for a savings of almost $650 each month. That’s over $7,700 each year!
We’re extremely happy to be able to help- have fun spending the extra $7,000!
08/07/2021
Are you new to Medicare and ready to shop your options? I can help you find the best plan for your needs directly from the comfort of your home! Call me today at +19202038136.
Happy Fathers Day to all you dad’s, step-dad’s, grandpas, cool uncles, older brothers, and just any dude who goes out of his way to be a positive influence on the kids in your life. Ladies… We’re sorry you had your day.
Cheers to you fellas,
MWID
Knowledge Drops are back! This week we’re talking to all of you employers struggling to provide quality, affordable health insurance. We’ve got a solution that will save you THOUSANDS!
Check it out!
07/06/2021
I would be lying if I said this wasn’t 100% accurate
22/03/2021
I don’t care where you stand politically, this plays.
12/03/2021
I’m being 100% honest in actively stealing this from the guru Mike Mandolfo - Health Insurance Agent
The American Rescue Plan Act passed. Improvements are coming to health insurance. Those who previously earned slightly over the threshold to qualify for a Marketplace cost reducing subsidy "should now" qualify. Subsidies "should" increase for those currently receiving one. Additionally, those who earned too much in 2020 "should not" have to repay their subsidy (premium tax credit).
Will keep you in the loop!
For this week’s KD we’re putting the spotlight on GoodRX and why it could be a major weapon in your money-saving arsenal. Check it out!
This week’s KD is focusing on the 3 standards of any quality Employee Benefits package. Check it out!
For this week’s KD we’re raising awareness of “Health Insurance” coverage that isn’t really health insurance. Check it out!
For this week’s Knowledge Drop we’re hitting on how business owners with Group Health Insurance can leverage Telemedicine to keep premiums low. Check it out!
Pretty cool. Dude just sacked Mahomes!
For this week’s Knowledge Drop we’re announcing a Special Enrollment Period for the Health Insurance Marketplace. If you’re an individual or business dealing with Health Insurance woes, this one’s for you!
29/01/2021
More details to come early next week, but this is HUGE for individuals, businesses, and brokers.
If you missed the window to enroll, got locked into a “less-than-stellar” plan, or if you’re a business that saw a massive increase in your renewal, this could save you a ton in 2021.
Like/Follow Midwest Insurance Drop for more details!
~Let’s chat
For this weeks Knowledge Drop, we’re taking a few minutes to hit on Voluntary Benefits today for Employers and Brokers.
Enjoy the glare of my big ol’ forehead
Pardon the car-quality vlog, but I wanted to get this week’s Knowledge Drop out ASAP as today’s Inauguration has triggered a ton of questions. Check it out!
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