What’s 5% worth? It’s worth A LOT, if you’re an employer who provides benefits to your employees.
As an employer in California, you might be surprised to learn that the insurance broker handling your employee benefits earns 5% of your premiums. This percentage is fixed, non-negotiable, and embedded in the cost of every health insurance product sold to employers in the state.
But have you ever stopped to consider what you’re actually getting for that 5%?
At CorpStrat we believe that 5% should deliver more than just the basics. It should bring real value, support, and expertise that enhances your business operations and takes the hassle out of employee benefits. Here’s how we stack up against the competition.
What We Offer at CorpStrat
Custom-Designed Employee Benefit Communication Tools
We know that clear communication is key to employee satisfaction and understanding their benefits. That’s why we craft tailored communication tools that make it easy for your employees to grasp the full value of their benefits package.
Online Enrollment Portal
Gone are the days of cumbersome paperwork. With our online enrollment portal via EASE or Employee Navigator, open enrollment and benefit administration become seamless processes. Your employees can easily navigate their options, while you maintain control with less administrative burden.
COBRA Administration Services (for companies with 20+ lives)
Navigating COBRA compliance can be tricky, but with CorpStrat, you don’t have to worry. We manage COBRA administration for you, ensuring that your company remains compliant while saving you time and resources.
On-Demand Support from Licensed Technicians
Whether it’s a claims issue or a question about benefit administration, our team of licensed and skilled technicians is just a call away. We provide on-demand support to ensure that your employees get the help they need when they need it.
Benchmark Tools and HR Support
Staying competitive in today’s job market means keeping up with industry standards. We offer benchmarking tools and HR on-demand support, including essential services like sexual harassment training and learning resources. With CorpStrat, you’re never left in the dark about how your benefits stack up.
How Does Your Broker Measure Up?
If your current broker isn’t providing these services, it might be time to reconsider. At CorpStrat, we’re passionate about delivering exceptional value and support without any additional surcharge. Our goal is to make sure that every dollar you spend on employee benefits works as hard as you do.
So, what’s 5% worth? A whole lot when you partner with CorpStrat. Contact us today to see how we can make your benefits package sizzle.