Public Entity Health Insurance Group
This post is to announce my proud involvement in a new health insurance cooperative buying group being launched for public entity health insurance in the state of Michigan.
I’ve spent a good portion of my career in the insurance industry focused on the creation and distribution of alternative insurance products through buying groups. The groups have ranged from business affiliates to trade associations to industry groups.
The problem with creating a new group has always been the nightmarish logistics in pulling group members together,assembling the data and marketing the group to insurance carriers. Fortunately, DeRoches LLC was formed to streamline these tasks and bring new groups of insurance buyers together using the Internet.
There have been many studies commissioned and reported in Michigan that show a need for savings, flexibility and in many cases — consolidation of health insurance purchases. There is even a proposal to pull all of the public entities into a government run monopoly.
In reviewing these studies as well as the proposals that are now on the table it becomes clear that what is lacking is not government involvement but simply a greater menu of choices for the public entity employers. The public entity employers on the other hand cannot spend all of their time focused on buying health insurance — they are looking for a simple solution that provides them with new competitive choices for their budgeting purposes and collective bargaining negotiations.
InsurancePen.com has launched a new group that every public entity in Michigan can participate in. The public entity can simply enter their plan information once and use it to obtain competitive quotes from every health insurance carrier as well as every other health insurance plan options such as self-insured groups. Once a sufficient number of public entities have joined the group, they can even break off and create regional groups or groups based on the type of employees they have without any additional work.
When any employer is paying too much for any one expense item they should look for competitive options. Finding those options for health insurance in Michigan should now be a lot easier using the InsurancePen.com website.
It is our hope that we can help the public entities in Michigan save money for their cash strapped budgets so they can better afford the core services that are expected of them.
To learn more about the new public entity health insurance group being formed for the state of Michigan, visit InsurancePen.com. If you know someone who is involved with their local city, school, County or any other government in Michigan please let them know that new options will be available for them for their health insurance in 2010.
