You and your team have been given the responsibility of creating a business that continues to grow while improving the bottom line. And yet, every year, one specific budget item continues its unabated growth, causing you to fall short in your primary task.

Let’s put all the cards on the table and tell it like it is.

Year after year, your health insurance open-enrollment rolls around with the dreaded “rate increase.” If you’re like the majority of small businesses in America, you and your team feel woefully inadequate to make any decision regarding your health insurance spend. You have probably delegated this responsibility to “experts:” your broker and the insurance company. And each year, the numbers look worse and worse.

They have failed you, and it’s time to have the courage to tell them, “You’re fired!” 

It doesn’t matter if they’ve been your broker for countless years, if they are your golfing buddy, or if they are your brother-in-law. They are ruining your company’s ability to compete in the global economy. And even worse, they are creating an unacceptable financial burden for your most valuable asset—your employees.

At MAGIC Health Insurance Solutions, we’re here to help you think about your health insurance differently. We’re sick and tired of seeing small businesses be held captive by the increasing costs of health insurance.  It is our passion to help you take back control of this out-of-control expense and show innovative ideas and strategies that help you keep your hard-earned revenue, grow your business, and improve your bottom line. We’ve helped companies save as much as $5 million dollars on their insurance spend without sacrificing quality benefits for employees. What could you do with that kind of budget surplus?

It’s time to treat your health insurance spend like every other aspect of your company. It’s time to have someone on your side who knows what the heck they’re doing and will proactively manage your expenses every day. It’s time to hold someone accountable for controlling this cost and show a demonstrable ROI or they’re fired, and you’ll find someone else who can.

Are you ready to take back control of your health insurance budget? Schedule a call and see how MAGIC can help you keep your hard-earned revenue so you can grow your business and improve your bottom line.

It’s a familiar story: the evil villain ties up the heroine and puts her in the path of an oncoming train. Then, just in the nick of time, the hero rides in to rescue her and defeat the villain.

In many ways, this is exactly what happens when you go through your annual health insurance renewal. The locomotive of another huge rate increase is bearing down on you. And the evil villain, the dastardly insurance company, has you all tied up, and there’s nothing you can do to stop the catastrophe that’s about to happen. And to make matters worse, your champion, your broker, has no solution to help.

It doesn’t have to be this way!

I hate to put it bluntly, but the Insurance company could care less about you. You are simply a small stream of revenue to help them meet their shareholders demands and meet Wall Street expectations. If it was otherwise, then why are you getting double-digit increases while they continue to report record profits? And in the midst of a pandemic? There is something definitely wrong with this picture!

We all know the games providers, facilities, and insurance companies play with discounts. It’s a total joke and unfortunately, brokers continue to do a great disservice to their clients by mindlessly repeating the insurance company line.

We just finished doing the analysis for a 1200 employee company. The first three pages of the renewal proposal highlighted the incredible network discounts provided – 57%. Buried in the renewal proposal was a very important figure. The insurance company was projecting a 10% increase in healthcare costs. If their discounts were so doggone good, why would the increase be so high? How could they have the audacity to say they were controlling costs? And the insurance company was still walking away with high profit margins. Additionally, the broker was making commission based on the higher rate, so they had no reason to fight for anything better. 

If this is the only strategy this insurance company has to help employers control costs, then shame on them!

They are the cause of the problem, and therefore, will never be a part of the solution.If you’re sick and tired of getting hoodwinked every year during open enrollment, give us a call. We promise to show you how to tell the insurance company where to “stick it,” by helping you take control and aggressively manage your costs so you can keep your hard-earned revenue to grow your business and improve your bottom line.