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BigBiz Presentation

Save 20% to 30% on benefit plan costs

If you have a small or medium-sized business, chances are you’ve been hit hard by increasing premiums.

  • Have your insurance costs been doubling every three to four years?
  • Do you pay far more in premiums that you ever receive in benefits?

We have an affordable new solution.

bizflex offers an innovative self-insurance model that puts control back in the employer’s hands. You only pay for the healthcare expenses that you and your employees actually incur. If your group’s claims are less than premiums paid, the balance actually goes back into your plan and is carried forward to the next year.

What’s more, a stop-loss insurance option we call bizflex plus limits the amount you’ll ever have to pay on a large unexpected health claim.

Win-win for employees and employer alike

A key factor in business success is the ability to hire and retain good people. A strong benefits program is an important part of your offer, and bizflex’s flexible health plan will appeal to any employee. What’s more, we make it affordable for any employer.

bizflex is an innovative way to reward employees. Instead of a salary increase or fully taxable cash bonus, you can opt to deposit funds into a bizflex account. Employees don’t have to pay tax on the amount, yet it’s still a deduction for the employer. This creates a win-win.

bizflex is simply a Business Health Spending Account (HSA). It can work solo or in tandem with a traditional group benefit plan, making it popular with employees who might already be on spousal benefits. The employer simply sets the employee contribution level and determines the deposit schedule. bizflex does the rest. It really is that simple.

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