Wisconsin Group Health Insurance
Groups in Wisconsin have long had an issue in finding affordable Group Health Insurance Coverage for their staff. Employers have become disillusioned into believing there are limited plans avaliable and carriers to choose from. It is time to start making these carriers compete for your business. Employers in Wisconsin and across the US need to start analyzling the plan options in more detail and start using a specialized platform such as the Sanus Benefits Portal. The days of using a P&C agent, old family friend, a payroll company, or a carrier rep to handle the task of quoting your benefits is gone.
The Sanus Benefits portal is free and exceeds all expectations for employers in Wisconsin. Checking off all of the tips and tricks for employers looking to save on their group health cost in Wisconsin. Throughout the state, the Sanus Benefits Portal gives you access to unique, affordable, and comprehensive health insurance options. Instead of flipping through pages of quotes you are able to review all your needs for Medical, Dental, Vision, and more with robust networks across Wisconsin from Milwaukee to Madison to Green Bay. Additionally groups in Wisconsin, are also able to participate in special Association Health Plans such as the
Association of General Contractors Health Plan.
How to Save on Group Health Insurance in Wisconsin
In addition to utilizing the Sanus Benefits Portal, there are several other strategies for Wisconsin employers to utilize in order to save on their group health insurance costs. These include:
- Reviewing your claims history and renewal data to identify areas for cost savings. Whether thats through education of cost saving providers, targeted campaigns on employee health and wellness, or other innovative strategies.
- Utilizing unique cost effective Wellness Programs like those offered through the Sanus Benefits Portal
- Encouraging staff to utilize online resources at the start of care such as an Employee Benefits Portal.
- Partnering with a consultancy firm that provides a multitude of options at renewal and continual ongoing support for your staff.
- Providing extensive education each year not only at enrollment but throughout the year, and ensuring users have accessibility to all coverage options and information in an easy to understand format.
Steps to Quote Group Health Insurance as a Wisconsin Employer
The first step in saving on your group health insurance in Wisconsin is to requesting a quote from a consultant. The process is simple and quick for most Wisconsin employers. You’ll need to provide your group’s census information and ideally, your claims history and renewal data. Through the Sanus Benefits Portal, you can easily submit your data instantly and get quotes from multiple carriers. The entire process typically takes less than 5 minutes once your census is uploaded. With other consultancy firms, you will need to reach out via e-mail and submit your information whenever they feel the need to reply.
The second step is reviewing the options you received. The best part of automating the quoting, enrollment, and administration of your Employee Benefits is the simplicity that it comes with. After you submit the information generally there is nothing else that is needed other than for you to check the portal periodically and see if there are new quotes. Other consultancy firms generally drag this portion out for weeks or months. Its a game of hide and seek usually with the rates and they force you into meeting just to bring a pdf with 6 plan options. Far more inefficent than reviewing 100s of plans in seconds and customizing the spreadsheets of options based on your groups preferences not the consultants preference.
The third and final step in Quoting Group Health Insurance in Wisconsin is selecting plans, setting contribution amounts, preparing benefit packets, and enrolling your team. Luck again for Wisconsin groups that the Sanus Benefits Portal does all the necessary work for you to perfection. It checks to make sure your plan meets affordability, creates benefit packets with all plan and compliance information included along with QR codes at the back for seamless enrollment. With other consultancy firms this a tedious part of the process. There are multiple meetings, phone calls, and e-mails ironing out the contribution amount, creating the benefit packet w/ Compliance information, and finally piece mealing your enrollment paperwork and information together for a meeting where 90% of the participants arent paying attention. It is inefficenct, unnecessary, time consuming, and costly for the employer.
| Wisconsin Health Plan Funding Types | |
|---|---|
| Fully Insured Health Plans | Traditional health insurance plans where employers pay premiums to an insurer for coverage. This is ideal for businesses that want to minimize risk. Major carriers include: Anthem, UnitedHealthcare, Cigna, and more. |
| Level-Funded Plans | These combine aspects of fully insured and self-funded plans. Employers pay a predictable, level premium and assume some risk for their claims. These plans are great for employers seeking a balance of predictability and cost savings. |
| Self-Funded Plans | Employers assume direct responsibility for paying claims, with a stop-loss policy to manage large claim costs. Best suited for larger businesses in Wisconsin that need flexibility and want to manage their healthcare costs more directly. |
| Limited Benefit Plans | Provide basic coverage at a lower cost, ideal for smaller Wisconsin businesses seeking affordable healthcare solutions for employees. These plans typically offer limited coverage and may not cover all medical expenses. |
| Reference-Based Pricing Plans | Rather than paying standard network rates, these plans pay based on a set reference price for services. While they require more administration, they can result in significant cost savings for employers in Wisconsin. |
Health Insurance Carriers In Wisconsin
In the past few years more and more carriers are coming into the Wisconsin Group Benefits market. All of them differ in the various ways they admister their plans, network, and claims. It is pivotal now more than ever you have an intuitve platform that gives you the details necessary in making such an important decision for your group. Sure saving money is nice, but you cannot put a price on the health and well-being of your employees. Here are just a few of the carriers you could look at for covrage. Sana, Aetna, Cigna, Anthem Blue Cross Blue Shield, Angle, All State, Gravie, and more. Again just reviewing their plan options is not enough. They have similar plans but the way they are administered or different benefits they have vary greatly. The Sanus Benefits Portal is the only way to get a full view of the market and the carriers in Wisconsin. We provide you with all the information you need to make an informed decision. We also provide you with the tools to compare the carriers and their plans side by side. Offering competitive Employee Benefits is a key differentiator for companys looking to attract top talent. Using the Sanus Benefits is the only way to ensure you are getting the best rates and coverage for your group so you can continue to retain your all star team at peak performance. Just to give you an idea of the changes to the market in the past 10 years over 10 carriers have entered the market in Wisconsin. The days of only quoting Anthem Blue Cross Blue Shield, and United Healthcare are over. These newer carriers are approaching the market different and the best way to drive better results for everyone is opening up compeitition. To read up more on how the Sanus Benefits Portal can assist you in finding a carrier that fits your needs click here or click the Quote button below to create your account.
