Name Benefit's Managing Member John C. Nalepka, has formally announced that his firm, Name Benefits, LLC, has been appointed by the New Jersey Chamber of Commerce to assist its membership with developing cost containment strategies for their group medical benefit plans.

The focus will be on the 2 to 50 employee company, where NAME Benefits has had success in reducing monthly cost from 25% to 50%, depending on group demographics. Despite current trends, they have seen renewal premiums increase in the low single digits since implementing these saving plans for their clients. Mr. Nalepka stated, "Our focus has been to understand our clients position and then explain statistically how the utilization of a high deductible plan coupled with either and HRA or HSA may make sense for them on a longer term cost benefits basis". Nalepka went on to say, "we are not only cutting costs the first year, but each year thereafter and that is vital to the survival of the small and medium sized businesses."

Name Benefits, LLC has previously worked as an Affinity partner with the membership for Long Term Care planning for the past 5 years and recently responded to the membership requests on how to control the cost of healthcare. "Our core belief is that with our experience and knowledge, we can help each and every business lower their costs, keep comparable benefits, and truly develop a long term approach to managing costs; thereby improving their bottom line."

In a move to further compliment their service portfolio, Name Benefits has also announced that they will be strategically aligning themselves with BenefitMall (the nations largest small group employee benefits General Agency) and Choice Care Card/Nicole Williams/Brokerage Representative (Third Party administrator). Mr. Nalepka believes that "this will work well for those employers who may have employees in other locations, as our goal is to meet the employer objective but maintain harmony and continuity for the valued people of these organizations".

Mr. Nalepka concluded by saying, "We want our clients to offer top notch benefits to their current employees in a cost effective manner. Many small businesses lose out to the bigger corporations when it come to job candidate recruitment because of a lack of viable benefits packages they can offer. This allows for a level playing field."

Name Benefits can be reached at 866-281-NAME/6263 or via email at info@namebenefits.com.

 


 
 

   
 

 

 

 

 

Name Benefits LLC
856 Route 206 Bldg. B
Hillsborough, NJ 08844
Phone: (908) 281-5379
Fax:     (908) 359-6519
Email: info@namebenefitsllc.com