ClaimLinx Insurance Agency

ClaimLinx Receives Circle of Champions Award

Cincinnati, Ohio — ClaimLinx has been recognized by the Health Insurance Marketplace® as a member of the 2023 Marketplace Circle of Champions for helping consumers gain qualified health coverage.

This Centers for Medicare & Medicaid Services (CMS) award highlights ClaimLinx success in actively enrolling 20 or more consumers during this Open Enrollment Period and demonstrates its expertise and experience in helping consumers find health coverage.

“Agents and brokers are key partners to CMS in our shared goals of helping expand access to coverage for Americans,” said Ellen Montz, Director of the Center for Consumer Information & Insurance Oversight within CMS, which oversees the Marketplace. “We thank  ClaimLinx for its dedication to providing exceptional service and helping access coverage.”

This year’s Open Enrollment Period for applying for Marketplace coverage runs from Nov. 1, 2022, to Jan. 15, 2023. Consumers with questions about their coverage or who would like help enrolling can contact ClaimLinx at 800.858.1772.

What is the Marketplace Circle of Champions?

CMS created the Marketplace Circle of Champions program to commemorate the hard work and commitment of Marketplace-registered agents and brokers throughout America. This award recognizes agents and brokers who have actively enrolled 20 or more consumers. Each year, thousands of agents and brokers reach the Marketplace Circle of Champions, highlighting their hard work, expertise, and service.

ClaimLinx Insurance Agency

As a full-service health insurance consultant, we are happy to receive this honor again. Our agency team members take pride in providing seamless service to our clients. When a company becomes a client, our agents take care of finding the right plans for your employees. They research networks, quote pricing and ultimately find the best option for the company and the member. If you would like to know more about the ClaimLinx Solution, contact our qualified Sales Team today.

Happy Thanksgiving from ClaimLinx, your small business insurance consultant.

ClaimLinx closed for Thanksgiving

The ClaimLinx office will be closed at 12 p.m. on Wednesday, November 23 through Friday, November 25 to celebrate the Thanksgiving holiday with friends and family. All inquiries will be returned as soon as possible upon our return.

We hope all our clients and members are able to enjoy the holiday with loved ones. Our staff will be prepping and cooking turkeys, chowing down on mashed potatoes, gravy, cranberries, stuffing, macaroni and cheese, and so much more.

How will you be spending your Thanksgiving? Let us know on FacebookTwitter or Instagram by tagging @ClaimLinx.

If you’re looking for some new recipe ideas, try some of the Top 50 from the Food Network:

From all of our staff, we hope you have a fun and fulfilling Thanksgiving holiday. Our team will be ready to get back to helping clients and members through Open Enrollment after this time spent with friends and family.

Above Image by Freepik

ClaimLinx office closed September 5 for Labor Day

The ClaimLinx office will be closed on Monday, September 5 to celebrate Labor Day. Our staff will be enjoying the last of the Summer weather with friends and family. We hope all our clients and members are able to do the same.

Our team members will respond to any calls or messages as soon possible upon our return on Tuesday, September 6. We appreciate your patience and understanding.

Image Designed by ibrandify / Freepik

small-business-insurance

When Should Your Business Start To Offer Health Insurance?

While operating a business, it is pretty easy to get lost in the day-to-day and put off some tasks for the future. Your employee’s health benefits should not be one of them. Employees place a lot of value on health benefits and in an extremely competitive labor market, good talent can be hard to retain. Health insurance incentives may be what could separate you from the rest, allowing you to retain and attract global talent.

Health insurance can be very costly for businesses, but the benefits definitely outweigh the expenses. Everyone knows that attracting the right talent is one of the biggest challenges for any business. By offering a comprehensive health insurance plan, you could definitely bring in the talent you need to achieve your vision.

But if you’re operating a small business or just starting out, you may be wondering when should your business start to offer health insurance. The answer is as soon as possible! There is no fixed answer for all businesses, but the sooner you put your plan in place, the better. To find the most suitable plan for your business, you can get in touch with reliable healthcare consultants for business owners.

Boost Employee Productivity

Boosting productivity and overall employee efficiency is extremely important for all businesses. If your employees are worried about health expenses, chances are they might not be as motivated as they could be if you offer them health insurance. This is due to the fact that healthcare is extremely expensive in the US.

How Large Do Businesses Have To Be To Offer Health Insurance?

There is no minimum number of employees, but around 35% of businesses that have under 15 employees offer health insurance. With most small businesses and startups struggling to keep up with finances, it can be difficult to allocate funds towards offering health plans. While mitigating expenses to maximize profitability is important, offering health benefits is equally crucial. Startups that have received investor funding do not have this problem since they are in a very good cash flow position.

Around 65% of businesses with less than 50 employees offer health insurance. As the employee count increases, statistics show a significant increase in businesses offering health insurance to their customers. Many businesses have to forcefully allocate funds for these expenses because health benefits have now become a significant part of any expected compensation plan. A health insurance plan gives an employee peace of mind that in case of emergencies, their health benefits would be able to cover expenses.
The Affordable Care Act was put into place in 2010, Businesses with more than 50 employees are required by law to offer health insurance. Failing to do so would result in a large fine. There are different types of health insurance that businesses can provide, each offering a specific coverage amount. Businesses can select what seems feasible accordingly.

While offering stock options may seem like a good incentive, health benefits has its own importance and are typically expected in any compensation plan. Even current employees at businesses are most likely considering other options if they aren’t being offered a comprehensive health insurance plan.

 

ClaimLinx featured on My City Podcast

ClaimLinx’s National Benefit Consultant, Tom Quigley, was featured on the My City Podcast with Bob Friedenthal. They talked about Tom’s success with clients in helping them save 20% or more on health insurance.

Watch the full video interview now.

Bob Friedenthal: What percentage of the companies that you work with, do you ultimately save them money?
Tom Quigley: 100 percent.

BF: Wow, that’s a relatively big number.
TQ: It’s mathematically impossible not to save the way we do it.

BF: So the key to this is to get in front of people … because I think you’re absolutely in the right market for this.
TQ: Right now it’s very simple to save money, regardless of the size of your company. It’s a matter of … we work on what we save companies. Most insurance agents are working on how much you pay.

BF: That’s an interesting statement. Yes, I know people that, quote unquote, compete with you. But it’s [all about] what they bill, not what they save their clients. That can have a huge, huge impact. So tell us what the process is. How do you do that?
TQ: The first things is to look at what you’re currently doing. Most people buy what’s called a group health insurance plan. I’ll give you an example:

I have several companies, one in particular. … They had roughly 8 people and they were paying roughly $8,000 a month for health insurance.

With the same insurance carrier, we showed them that because of the Affordable Care Act, their employees were eligible for subsidies … So instead of paying the insurance company $8,000, they started paying the insurance company $1,500 a month.

Then what we showed them was: “Why not create a plan with a $0 deductible and have copays for everything and give your employees the best benefits in the area?” So they ended up net saving after 6 months roughly $30,000. And their employees have better benefits than they’ve ever had.

BF: Wow, wow, It’s almost mind boggling what you can do.
TQ: That’s also the problem. People — when I tell them I can save them 20% easily … They don’t believe it.

BF: Valid statement, valid statement. So really it’s about getting the word out and finding people who will say yes before they say no. The ‘no’ people: they’re creating their own demise. They’re so frozen.
TQ: What my line to them is: “What objection do you have to listening to me for 5-10 minutes?” I can help you increase the value of your company.

It really has nothing to do with insurance. It’s how you purchase the benefits, and that’s what everyone is missing. Benefits are what you pay when you go to the doctor or the pharmacy and how much [you pay] out of pocket if you have a surgery or a hospitalization.

The insurance is the piece that covers the risk that the company shouldn’t take.  In essence, what everyone is doing, if you compared it to car insurance, is they’re buying oil change, gasoline and tuneup insurance.

BF: That’s the problem today. You get so many people that feel like they’re always being sold and instead if you can get in the door, you can prove to them that they’re going to benefit.
TQ: I’m not really selling anyone anything. I’m showing them how to take a liability and shift it to an asset. And I get rewarded based on how much assets I create.

BF: So what do you do? You go into a company and they show you what they’re doing. And you can see, probably almost instantaneously, that you’re going to save them money. Period.
TQ: I ask one question: What insurance carrier are you using? They say, “United Healthcare, Aetna, Anthem …” Whoever they’re using. I say to them, “Do you buy office visit copays and drug copays with the insurance company?” And they say, “Yes.” I instantly know that there’s 20% of savings just by showing them how to rearrange the group plan.

BF: Interesting. Well, we gotta get this video out to a lot of people so they can see what you’re all about. Because hands down if people are tunnel visioned enough, they won’t do anything. But if they’re willing to look at something. … That’s all it takes.
TQ: If they have an open mind, and they’re willing to change, and they’re truly looking out for the employees. Because you’re providing better benefits and you’re asking the employees to pay less, not more.

Contact Tom Quigley directly to talk about your options for saving.
Email: tquigley@claimlinx.com
Phone: 513-470-9440