Edison, NJ (March 11, 2008) – The Wilshire Group, an insurance affiliate of CheckPoint HR, LLC, today released its list of the top five things insurance brokers should communicate when developing a plan for employee healthcare benefits packages. Developed by Patrick Carragher, partner with The Wilshire Group, the list is a helpful resource to ensure the best coverage for your company’s most valuable asset – its employees.
1. Understand Your Business. Each business has unique needs and cannot afford a “one size fits all†insurance strategy. Understanding the business will ensure the best rates and plans for your specific needs. This allows us to balance your business and employee needs, quality of policy options, and budget without compromise.
2. A Commitment to the Client. Even though renewals are annual processes, a professional broker will continuously monitor your business needs and proactively manage your insurance options.
3. Independent Judgment. You will be best served if your relationship is grounded in trust and confidence. You need to be secure in the knowledge that the advice you receive is objective, considered, and free of hidden influences.
4. Exceptional Expertise and Service. The issues are too complicated, the cost is too high, and your need for services of value is too great for you to settle for anything less. You have every reason to expect knowledge, expertise, and exceptional service. Search for these qualities and you are likely to find them.
5. Openness for Change. Resistance to change is a dead end street—for you and your organization. Today’s business world is too competitive and the way to survive is to reshape to the needs of a rapidly changing world.
“The rising costs of healthcare can be frightening for many small to medium sized businesses and choosing a broker that has your best interest in mind is not an easy task,†said Patrick Carragher, partner, The Wilshire Group. “By following these five tips, companies can openly communicate with their brokers and ensure that their health insurance programs reflect their changing business and employee needs.†The Wilshire Group’s flagship BENeLERT™ Process utilizes a 180-day proven practice to help clients identify the best rates and plans for their insurance needs. This process begins 180 days prior to the clients’ renewal date and allows The Wilshire Group to fully analyze data, research the most innovative benefits program, and tailor it to fit the clients’ financial needs while delivering a comprehensive plan for their employees. This pro-active methodology benefits the client and allows for The Wilshire Group to deliver unparalleled service not only during the renewal process but throughout the year.
The Wilshire Group offers a broad range of group insurance solutions, including health, life, workers’ compensation, as well as 401K and pension plans. The company represents a broad range of leading carriers, including Guardian, United Healthcare, Cigna, Oxford, and Aetna.
About CheckPoint HR
Since 2001, CheckPoint HR, based in Edison, New Jersey, has helped small- to mid-size organizations automate all aspects of their human resource operations. As a leading Administrative Service Organization (ASO), CheckPoint HR’s innovative Web-based Human Resource Management System (HRMS) technology platform and http://www.checkpointhr.com/ [payroll services] offer an affordable, comprehensive solution to manage payroll and benefits administration, as well as other business-critical human resources processes. This allows small- mid-market organizations to deliver world-class services to its employees, reduce costs, and improve operational efficiencies. Clients include such names as The American Stock Exchange (AMEX), The Applied Companies, Starwood Capital, Flemington Family of Dealerships, Hamon
USA, Nickelodeon Hotels, Kyowa Pharmaceutical and Quintum Technologies. Further completing its HR management solutions, CheckPoint HR boasts one of the largest insurance agencies in the Northeast through The Wilshire Group, its benefits affiliate that offers its customers benefits procurement backed by a sales team of licensed insurance brokers. For more information on CheckPoint HR, please visit www.CheckPointHR.com or call 800.385.0331.
About The Wilshire Group
The Wilshire Group, an affiliate of CheckPoint HR, is a licensed insurance agency that offers a broad range of employee benefits procurement solutions and plans for mid-sized companies. As one of the largest insurance agencies in the Northeast, The Wilshire Group’s benefits procurement offers the ideal complement to CheckPoint HR’s payroll and benefits administration. Backed by a sales team of licensed brokers, The Wilshire Group delivers custom plan design and unmatched customer service paired with competitive rates for their insurance needs. The Wilshire Group completes the CheckPoint HR offering and truly provides a single-source to manage all aspects of the human resources lifecycle. For more information please visit www.theWilshireGroup.com or call 800.385.0331.
