Group health insurance policy renewal rates are being released by insurance companies right now. On average, Indiana employers are seeing a 10-11% increase this year. As a business owner, you want to provide a good work environment that attracts and retains employees, but not at the cost of a healthy balance sheet. Fortunately, as a member in good standing of BAGI, you have a unique opportunity to help you manage these seemingly competing goals.
This Program uses the pooling concept through BAGI membership to bring about a more even spread of risk, less rate volatility, and a viable answer to the double-digit rate increases we are seeing this year. Wharton & Power is the sole administrator of the program.
If you are facing a huge jump in your group health insurance premiums, give us a call at 317.663.4138 or send us an email. We have the knowledge and experience to help you balance employee needs with bottom-line concerns.
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