Save resources by working with health insurance agents and brokers
Health insurance brokers can help you navigate the evolving healthcare landscape so that you can maximize your time and resources. Health insurance agents can serve as third-party sounding boards when you want to incorporate new plans for your staff. You can take advantage of the expertise developed by medical insurance brokers in a number of ways. Medical insurance brokers can expose you to new business practices that can prove to be more profitable for your company.
Health care brokers can provide information about opportunities in areas, such as preventive care and healthcare savings plans, that you may not have considered as well as help you reduce costs. Many group health insurance brokers are breaking ground with fresh ideas and new forms of dong business that includes outsourcing, lower rates and new insurance products. Find a number of ways to begin working with working with health insurance agents and brokers.
1. Work with health benefit brokers to set up a new employee benefit plan
2. Let an online health insurance agent handle your benefits3. Bring in a health insurance agent to integrate the latest technology
Action Steps
The best contacts and resources to help you get it done
Use full-service health benefit brokers
Instead of going through a lot of trial and error and spending time and valuable resources finding different brokers for various insurance plans, bring in a health insurance broker to get you started off on the right foot. Health insurance agents can do everything from helping you find new plans and alternative benefit options.
I recommend: Find benefits calculators and informative videos that explain the various ways in which you can work with health insurance agencies at Life Happens. The Insurance Information Institute offers answers to many questions posed by small business owners. Before you go out and hire an agent, know your way around the issues.
Choose an online health insurance broker
Work with niche agencies to monitor your benefits packages and assist your HR department make the best choices. Consider hiring a healthcare broker for a focused approach to your business to bring in and retain line employees, managers and executives
I recommend: Familiarize yourself with industry issues and the current information in the health insurance industry through America’s Health Insurance Plans. Find a broker and keep up with the latest news affecting the industry at the National Association of Health Underwriters, one of the largest trade groups for health insurance professionals.
Upgrade your benefits with medical insurance brokers
You should consider working with medical insurance agents that bring a vast knowledge of technology and current benefit options and regulations to remain competitive. There are so many advancements in insurance products and benefit programs that you need to investigate all the alternatives to remain competitive.
I recommend: Find answers to commonly asked questions and get quotes from independent agents at eHealthinsurance. Get Health Insurance is an independent agency that can answer your questions and find various rates for your employees.
Tips & Tactics
Helpful advice for making the most of this Guide
• Find a medical insurance broker that can offer your employees choices from a variety of plans at various price points. v
Australian Private Health Insurance
Health Insurance Brokers is an independent company that provides up-to-date advice regarding all aspects of Australian Private Health Insurance.
We have over 30 years experience within the Insurance industry & our team of friendly professionals will assess your requirements and guarantee you the most appropriate Private Health Insurance for your needs & budget.
We provide personalized service & you can talk to us personally anytime, unlike some other companies who rely on computer based software.
customer support team provide
Health Insurance Evaluation/Recommendation (you may request one re-evaluation per calendar year)- Assistance in matters such as claims, membership maintenance and complaint resolution.
In order for us to provide our professional service to you, we require you to complete our step by step Health Insurance Evaluation Form. This will enable us to recommend the most suitable cost effective health cover.
We will assess your individual health insurance requirements and provide a written recommendation(s) based on the most suitable, cost-effective health insurance.
We will also assist you with understanding and managing your private health insurance.
Every completed evaluation form is assessed on an individual basis. The information you supply is kept totally confidential and will not be divulged to any external source.
You will receive by mail (Australia Post) our written recommendation(s) clearly explaining details of the levels of cover that is recommended. The applicable health fund brochures and application forms will also be enclosed for your completion and return. All application forms are to be returned to Health Insurance Brokers, as we will arrange priority processing of your health insurance membership.
If you feel unsure about entering your personal details on the Internet please print friendly version of Heath Insurance Brokers evaluation form in Microsoft Word format and fax it to us directly on Fax : 02 9211 7790.
We have over 30 years experience within the Insurance industry & our team of friendly professionals will assess your requirements and guarantee you the most appropriate Private Health Insurance for your needs & budget.
We provide personalized service & you can talk to us personally anytime, unlike some other companies who rely on computer based software.
customer support team provide
Health Insurance Evaluation/Recommendation (you may request one re-evaluation per calendar year)- Assistance in matters such as claims, membership maintenance and complaint resolution.
In order for us to provide our professional service to you, we require you to complete our step by step Health Insurance Evaluation Form. This will enable us to recommend the most suitable cost effective health cover.
We will assess your individual health insurance requirements and provide a written recommendation(s) based on the most suitable, cost-effective health insurance.
We will also assist you with understanding and managing your private health insurance.
Every completed evaluation form is assessed on an individual basis. The information you supply is kept totally confidential and will not be divulged to any external source.
You will receive by mail (Australia Post) our written recommendation(s) clearly explaining details of the levels of cover that is recommended. The applicable health fund brochures and application forms will also be enclosed for your completion and return. All application forms are to be returned to Health Insurance Brokers, as we will arrange priority processing of your health insurance membership.
If you feel unsure about entering your personal details on the Internet please print friendly version of Heath Insurance Brokers evaluation form in Microsoft Word format and fax it to us directly on Fax : 02 9211 7790.
Expatriate health insurance Nepal
Are you moving to Nepal?
When living and/or working in Nepal, people may not have the same level of access to the healthcare system as to the local population.
Consequently, it is crucial to have some professional advice on how to choose the right expatriate health insurance in Nepal.
Knowing that the chosen insurance provider will have the expertise to ensure the best treatment in the best facilities in Nepal is priceless.
Our partner is an independent insurance broker offering free quotes and advice to the expat community in Nepal.
When living and/or working in Nepal, people may not have the same level of access to the healthcare system as to the local population.
Consequently, it is crucial to have some professional advice on how to choose the right expatriate health insurance in Nepal.
Knowing that the chosen insurance provider will have the expertise to ensure the best treatment in the best facilities in Nepal is priceless.
Our partner is an independent insurance broker offering free quotes and advice to the expat community in Nepal.
Nepal Life Insurance Company (NLIC
Nepal Life Insurance Company (NLIC), established in April 2001, takes pride in being the first insurance company that came up to deal on life insurance business exclusively in the country. For the two companies that dealt on life insurance business prior to it were composite companies covering both life and general insurance businesses.
"The establishment of an exclusively life insurance company was the demand of the time," says Kamal Raj Gautam, Senior Branch Manager of NLIC. Reasons: A specific middle class group was growing fast and they were gradually becoming aware of social dimension of insurance products. The level of awareness, of course, could not be gauged as 'very encouraging', but it definitely had create a room for a life insurance company to come into play, adds Gautam.
Like many other companies, NLIC commenced its services in the capital city, opening an office in Kathmandu. It took not much time to secure its place in the market here. So, in order to expand the pie and also to tap opportunities present in other regions, it opened branches in Biratnagar and Birgunj in subsequent years. Currently, the company operates through 10 branches in different parts of the country. It is also in the process of converting two of its contact offices into full-fledged branches soon.
NLIC offers an array of life insurance plans like Surakshit Jeevan, Dhan Varsha, accident benefits, Surakshit Bhavishya, Jeevan Shanti, and Child Education and Marriage Endowment Plan, among others. "Of these, Surakshit Jeevan turned out to be the most preferred product," says Gautam.
The company even takes pride in bringing innovative products in the market, targeting different groups of clientele. Child education and marriage endowment is one of such products. While the majority of products available in the market looks to secure clients in financial terms in the post-retirement period, products like these aims to pledge financial support to the clients in the middle-age.
"Insurance coverage, in any case, is extremely helpful for providing periodical financial needs of family, for making provision for old age and for covering the tangible risks in financial terms," says Gautam. However, there is a limited group of people who understands such benefits. Still less are the people who really take benefits from it.
No wonder, the initial days were really tough for the company, states Gautam. "It was mainly the people who had substantial disposable income and could pay annual premium with relative ease availed our services in the beginning," he adds.
But that section of population always stands in a modest number in a given city. Unless insurance education is incorporated in regular system and people are genuinely informed of its cost and benefits, insurance companies would really find it hard to explore new avenues, opines Gautam. "Poor awareness level has not only limited the real business pie, but also prevented companies from being innovative and coming up with new products from different age and social groups," says he.
Nonetheless, the company has already build a strong client base of more than 60 thousand policy holders in the span of just the three years. Also it has created employment opportunities for about 1,000 insurance brokers. It periodically trains its human resource in different aspects regarding the insurance sector.
"All our branches are given independence to formulate and carry out their own area-specific strategies and policies," says Gautam. Of course, those should be in line with the main corporate strategies and policies that are decided at the center, he adds.
Such decentralization in strategy formulation and operation has enhanced productivity, efficiency and overall performance of NLIC, say the company officials, who further give credit of its fastest growing customer base to such a way of operation and the brokers working at the grassroot level.
In order to remain distinct in the insurance market, it has recently upgraded its human resource as well as technical resources. "We have installed a new computer software, updated accounting and fine-tuned our services to deliver speedy services," claims Gautam.
NLIC currently employs 58 staff. It has re-insurance arrangement with Hannover-Re, a reputed German re-insurance company. Moreover, the company is planning to offer new "planned products", which the officials prefer not to disclose.
Despite portraying optimistic picture, Gautam, meanwhile, laments that the sound investment avenues have shrank significantly in recent period, which has forced the life insurance companies that have mobilized huge capital in the form of premium from making according contribution in the economy.
"The investment opportunities are already low. Hence, concerned actors and regulators should make a joint effort to explore out or create new investment avenues," he said, adding that the money collected by the life insurance companies, afterall, must be returned back to the policyholders adding bonus and other returns to it.
"The establishment of an exclusively life insurance company was the demand of the time," says Kamal Raj Gautam, Senior Branch Manager of NLIC. Reasons: A specific middle class group was growing fast and they were gradually becoming aware of social dimension of insurance products. The level of awareness, of course, could not be gauged as 'very encouraging', but it definitely had create a room for a life insurance company to come into play, adds Gautam.
Like many other companies, NLIC commenced its services in the capital city, opening an office in Kathmandu. It took not much time to secure its place in the market here. So, in order to expand the pie and also to tap opportunities present in other regions, it opened branches in Biratnagar and Birgunj in subsequent years. Currently, the company operates through 10 branches in different parts of the country. It is also in the process of converting two of its contact offices into full-fledged branches soon.
NLIC offers an array of life insurance plans like Surakshit Jeevan, Dhan Varsha, accident benefits, Surakshit Bhavishya, Jeevan Shanti, and Child Education and Marriage Endowment Plan, among others. "Of these, Surakshit Jeevan turned out to be the most preferred product," says Gautam.
The company even takes pride in bringing innovative products in the market, targeting different groups of clientele. Child education and marriage endowment is one of such products. While the majority of products available in the market looks to secure clients in financial terms in the post-retirement period, products like these aims to pledge financial support to the clients in the middle-age.
"Insurance coverage, in any case, is extremely helpful for providing periodical financial needs of family, for making provision for old age and for covering the tangible risks in financial terms," says Gautam. However, there is a limited group of people who understands such benefits. Still less are the people who really take benefits from it.
No wonder, the initial days were really tough for the company, states Gautam. "It was mainly the people who had substantial disposable income and could pay annual premium with relative ease availed our services in the beginning," he adds.
But that section of population always stands in a modest number in a given city. Unless insurance education is incorporated in regular system and people are genuinely informed of its cost and benefits, insurance companies would really find it hard to explore new avenues, opines Gautam. "Poor awareness level has not only limited the real business pie, but also prevented companies from being innovative and coming up with new products from different age and social groups," says he.
Nonetheless, the company has already build a strong client base of more than 60 thousand policy holders in the span of just the three years. Also it has created employment opportunities for about 1,000 insurance brokers. It periodically trains its human resource in different aspects regarding the insurance sector.
"All our branches are given independence to formulate and carry out their own area-specific strategies and policies," says Gautam. Of course, those should be in line with the main corporate strategies and policies that are decided at the center, he adds.
Such decentralization in strategy formulation and operation has enhanced productivity, efficiency and overall performance of NLIC, say the company officials, who further give credit of its fastest growing customer base to such a way of operation and the brokers working at the grassroot level.
In order to remain distinct in the insurance market, it has recently upgraded its human resource as well as technical resources. "We have installed a new computer software, updated accounting and fine-tuned our services to deliver speedy services," claims Gautam.
NLIC currently employs 58 staff. It has re-insurance arrangement with Hannover-Re, a reputed German re-insurance company. Moreover, the company is planning to offer new "planned products", which the officials prefer not to disclose.
Despite portraying optimistic picture, Gautam, meanwhile, laments that the sound investment avenues have shrank significantly in recent period, which has forced the life insurance companies that have mobilized huge capital in the form of premium from making according contribution in the economy.
"The investment opportunities are already low. Hence, concerned actors and regulators should make a joint effort to explore out or create new investment avenues," he said, adding that the money collected by the life insurance companies, afterall, must be returned back to the policyholders adding bonus and other returns to it.
COMPANY HISTORY - GLOBALLY
ALICO, or Asia Life as we were then called, was started up in 1921 as the first company to offer life insurance to Chinese citizens। Since then we've come a long way, all the way round the world in fact, to reach 55 countries and 35 million customers।
And we've been through turbulent timeas as well as times of economic growth - as have our customers and their finances। Through periods like the 1929 Great Depression and the Great Inflation of the 1970's, our ALICO forefathers developed a staying power and prudence that set us in good stead, which is why the company that we are today is going to be around for a good few tommorrows as well - and policyholder's interests will be as well looked after as they've ever been।
COMPANY HISTORY - MEASA
ALICO has been present in the Middle East, Africa and South Asia region since 1952 with its regional headquarters at DIFC (Dubai International Financial Centre)। We have over the years maintained a leading presence in 14 territories across the region starting from Bangladesh (1952), Lebanon (1953), Saudi Arabia (1954), Kuwait (1954), Jordan (1958), Bahrain (1960), United Arab Emirates (1962), Qatar (1962), Oman (1971), Turkey (1988), Pakistan (1995), Palestine (1996), Egypt (1997) and Nepal (2001)।
Over the last forty six years we've become very used to listening to the local community and developing our offering according to people's needs। And we know that our success depends on the success of the local community। We've always done our best to nurture talent, as well as work with the government and partners to bring a strong regulatory framework around the insurance sector - so our customers have the very best protection।
We believe in diversity and ethnicity and make sure to reach people from all walks of life। In this region alone, we employ over 1,500 skilled insurance professionals from diverse backgrounds। We also maintain a sales force of around 16,000 trained and experienced insurance agents and sales representatives to ensure that you always have someone to turn to if you want to talk about your insurance needs।
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