As we’re familiar with turnkey solutions at Employee Retention Benefits (ERB) – we offer this service ourself, after all – we know that enrolling in this type of plan is different than it is for other plans. To help you during enrollment season, read on to know how we approach turnkey enrollment as its own unique thing.
What Are Turnkey Solutions?
To understand why we approach turnkey enrollment in a different way, it’s first necessary to know how turkey plans are dissimilar to other ones.
Turnkey plans are almost exclusively used for self-funded plans where the employer funds the healthcare plans for their own employees rather than using a provider for it.
In this situation, the company would have a ton more work to do; it basically requires the company to do all the work of the brokers and providers on top of the usual tasks of gathering information and informing employees about enrollment.
This is where turnkey solutions come in. These are essentially packages where everything for the health plan is set up and ready to use, also coming with support so your company has less to do during this already busy time of year.
Ways ERB Helps With Enrollment In Turnkey Plans
If you’re using a turnkey for the health plan needs of your workers, ERB will handle pretty much everything for you. In fact, in some respects, it’ll be very little different in the day-to-day as using a provider, with the only main difference being that the funds for the healthcare your employees use will be coming from your company rather than a provider.
This means we’ll handle the setup, take care of all the administration, offer support to you as needed, and educate your employees on their benefits and how to enroll.
In short, we’ll do everything we can to ensure you don’t have more on your plate than must absolutely be there.
How ERB Approaches Turnkey Enrollment
Each type of health plan should have a different approach when it comes to enrollment.
For example, when trying to encourage enrollment for high-deductible plans, we know it’s best to focus on how it saves money on premiums; meanwhile, for low-deductible plans, the focus would be on how much less would need to be paid for medical expenses in case of any sort of accident.
In the case of turnkey enrollment, the focus shifts to the company itself. Rather than being able to highlight the reliability of an established provider, we find it’s best to underline your company as being caring enough to care for your employees personally.
