TESTIMONIALS
OUR SERVICES
BROKER PARTNERSHIPS
The Covenant Benefits Group partners with insurance professionals to build renewal income. Our experience brings value to your clients and offers sustainable, cost-contingent employee benefits and cost containment solutions. We help you design strategies that create recurring revenue for all involved.
FINANCIAL PARTNERSHIPS
EMPLOYER PARTNERSHIPS
The Covenant Benefits Group assisst financial professionals when business owners need strategies to minimize the cost of employee healthcare.
The Covenant Benefits Group creates strategies to help companies deal with the rising cost of healthcare and the cost of the employee out of pocket expense.
THE PROBLEM WITH INSURANCE TODAY
Health insurance rates continue to increase at 8.5% to 15% per year. At the same time, the amount that the patient pays at the point of care is going up.
These higher premiums are forcing employers to find ways of dealing with the added cost, they include:
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Shifting more of the rate increase to employees. The average employees’ share has increased from $2,713 in 2005 to $4,955 in 2017 reducing expendable income once available for other benefits.​
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Reducing benefits available on your health plan by raising deductibles and copays.
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Eliminating benefits altogether.
SUPPLEMENTAL GAP COVERAGE FROM COVENANT IS THE SOLUTION
BUT IF I AM ADDING A SUPPLEMENTAL GAP PLAN, WON’T I BE ADDING TO MY INSURANCE COSTS?
No, the fact is that most groups will save an average of 15% in premiums while virtually eliminating out of pocket expenses when receiving care. Here’s how we do it.
Regardless of health insurance you currently use, there are plans that are better than yours but they cost a lot more. Conversely, there are plans that are a lot cheaper than yours but the benefits don’t protect you as well as your current plan.
Our plan is easy, we will take you down one or more levels of coverage with your current insurance carrier. (We can move you to another carrier but only at your request). At this point, you are saving lots of money on your monthly premium but we have exposed your employees to higher deductibles and copays.
Remember that we generated a very large savings when we moved down, we simply take some of the savings and put in a Medical GAP plan through The Covenant Benefit Group.
Now you are saving money each month in the form of lower premiums and you will have no out of pocket costs when receiving care.
