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Becker Benefit Group

1  Reviews

(410) 902-8800
11000 Owings Mills Blvd Ste 6a
Owings Mills, MD 21117
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Description

Innovative approach to helping mid-sized employers significantly reduce the cost of group health insurance.

Phone Numbers

main:
(410) 902-8800
fax:
(410) 902-8801

Products

Employee Benefits, Group Health Captives, Individual Insurance Planning

Recommended Reviews

Average Rating (1)

gary becker

About Becker Benefit Group Current Healthcare State: * For many employers, the cost of health insurance continues to rise and is now the second largest expense item, trailing only payroll. The average annual cost per family is almost $13,000 per year. * This puts medium sized employers in a difficult position as they have very few product options and scarce information about the healthcare system. They often don't even know what claims they have or where their premium dollars go. * The lack of transparency inherent in the system prevents employers from taking control of the cost of health insurance. The only thing clear to them are the annual increases they experience each year. How The Becker Benefit Group Can Help: * Our Group Health Captive allows these medium sized employers to address these annual increases and access the alternative insurance techniques currently used by larger 1000 employer companies. * Providing complete control over health insurance costs by offering transparency and the opportunity to reduce these costs, the Group Health Captive actually creates stability and helps to increase profits. * Our Group Health Captive encourages a healthier workplace and provides employees with a better quality of life, both at work and at home. How The Group Health Captive Works: * A group of employers form a Group Health Captive in an effort to reduce the cost of health insurance. It can be formed with a variety of employer groups such as: 1. Existing Group Captives or Risk Retention Groups 2. Existing Self-Insured Groups for Workers Compensation 3. Clients of an Agency or Broker 4. Trade Associations 5. Franchisees 6. Portfolio Companies of Private Equity Firms Key Features: * Provides access to the same tools, techniques, and risk reduction strategies offered by the largest of employers * Eliminates carrier profit * Minimizes state premium taxes * Offers ability to eliminate or modify state mandated benefits * Offers complete plan flexibility and transparency * Encourages working together with "like-minded" employers * All wellness, coaching, and EAP plan included * All monies not spent on claims are returned or retained by employer We anticipate an employer's savings of 13% in year one and 22% by year five. Gary Becker 410-902-8800 www.beckerbenefit.com

1.2 Miles

(410) 882-8207

9500 Reisterstown Rd, Owings Mills, MD 21117

"We recently switched our Homeowners to new office and already had a claim with termites and ..."

1.9 Miles

(410) 902-8800

11000 Owings Mills Blvd Ste 6a, Owings Mills, MD 21117

"About Becker Benefit Group Current Healthcare State: * For many employers, the cost of hea..."

1.1 Miles

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4 Saint Thomas Ln, Owings Mills, MD 21117

"Value/Fairness� Customer Service� Claim Service� I wish I would have saved the names of a..."