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Introducing - 5 Strategies for Success
in 2013 & Beyond
Solutions For PPACA/Obamacare!
Simplifying The Insurance & Benefits
Decision-Making Process For All Parties
PPACA/Obamacare has created disruptive changes in the Insurance and Benefits Industries. The Question – Are Brokers and Carriers prepared to deliver Profitable, Efficient and Cost-Effective Solutions to Employers, Employees, and Individuals? A J.D. Powers and Associates 2012 study found that "47 percent of employers say they 'definitely will' or 'probably will' switch to a defined contribution model within a private exchange”. Are Brokers and Carriers prepared? BenefitPlace.biz (BP) and BPTradeShow.com (BPTS) provide Brokers, Carriers/Providers, and Service Providers 5 Profitable, Integrated Strategies and Solutions!
BP & BPTS have integrated 5 Strategies and the Best-In-Class of
Affiliated/Partners to provide the Plans, Programs, and Services required to provide a turn-key set of deliverables to Brokers, Carriers and Service Providers.
While these strategies can be utilized severably, working together they provide the greatest opportunity to retain current Clients and attract Potential Clients. Critical to our approach is assuring Brokers, Carriers/Providers, and Service Providers that the time, effort, and investment of the implementation generates substantial, measurable revenues. Brokers, Carriers/Providers and Service Provides profit by our strategies in different ways:
Brokers will generate Income in two ways: 1) Fees generated from being a Trusted Advisor for establishing 3 of the Components: The Private Exchange(s), Defined Contribution Plan Designs, and the Supporting Technologies. These are Branded to the Broker and/or their Client. 2) Commissions and/or Fees generated from building the Menu of Benefits - Core, Voluntary, and Ancillary - offered to the Employees/Individuals. Defined Contribution Plan Designs have proven to deliver substantially increased Penetration and Persistency!
The Inbound Marketing Component assures the Brokers that they can Efficiently and Cost-Effectively reach their Target Markets utilizing the Power of the Internet, Search Engines, Social/Business Media, and SEO. BP and BPTS become a secondary and very powerful marketing arm for our Broker and Clients
Carriers will generate Premium Income from working with our and their Brokers who implement the 5 Strategies. With a presence on the Private Exchange(s) and by participation on the Menu of Benefits offered within the Defined Contribution Plan Design, Carriers will broaden their distribution channels. Defined Contribution Plan Designs have proven to deliver substantially increased Penetration and Persistency! Carriers/Providers who Sponsor and Financially Assist their Producing Brokers - Distribution Channels - and Employers with implementing these 5 Strategies will see verifiable Production and a substantial ROI.
Service Providers have an opportunity to drive Revenues and Profits in two ways: 1) Become a BP/BPTS Affiliated Partner. TPAs - for both Self-Funding and Reimbursement Accounts; Enrollment Services; Payroll Services with diversified capacities; and Supporting Technology Providers who qualify can participate in delivering our 5 Strategies. These Affiliate/Partners have the opportunity to generate substantial Revenues and Profits as the Brokers and Carriers implement the 5 Strategies utilizing their Services. Success of the 5 Strategies is dependent on Affordable, Efficient, Integrated Services. 2) Service Providers who Sponsor and Financially Assist Brokers and Employers with implementing these 5 Strategies will broaden their markets and see a verifiable ROI.