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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.
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