Group Insurance Plans
Group Insurance Plans from Simon, Altman & Kabaker Financial & Insurance Services, Inc. of Encino, CA serve a variety of employers, associations, affinity groups and their employees, members and affiliates. We work with our clients and their outside professionals to develop and implement current and long term group insurance plans and strategies.Programs and coverage that we provide to both small and large groups include:
- Cost sharing
- Coverage for uninsurable business owners (guaranteed issue programs)
- Life insurance
- Long term care insurance
- Medical and related group health insurance
- Dental
- Vision
- Group disability insurance
- Section 125 plan administration
- HRA/HSA
- A variety of voluntary (employee-paid) products
Some of the consulting and analytical services we provide to our group insurance clients include:
- Assessment of current group insurance plans, strategies and goals
- Creation of alternative, innovative strategies and programs
- Analysis of claims, funding arrangements and networks
- Management and oversight of the bid process from RFP to recommendation on selection
- Conduct negotiations on behalf of our group insurance clients
- Coordination and negotiation of underwriting
- Assessment of existing policy costs compared to the benefits offered
- Oversight of policy renewals: We negotiate with the current carrier and adjust benefits to meet our client’s changing needs
- Counseling on ways to control insurance costs
- Surveys of employees and others covered under the group policies
Our group insurance and benefits specialists are experts in the field. They have worked with countless companies, large and small. To find out how our Group Insurance Department can help, please contact Mike Altman at (818) 461-1220 or email maltman@sakinsur.com.