How many insurance companies do you know that give back unused premium dollars? Our coalition model returns these funds directly to our members - which amounted to over $4 million dollars in fiscal year 2016.
We used our Benefit's strategy as an opportunity - and Axial Benefits was a key piece in that. Anytime I called on a large customer, Axial would accompany me to the meeting and explain in detail how their specific program would run. It's this type of service that's unlike anything i've seen in this industry.
President, American Resource Staffing
The year started off with a 23% increase in our projected healthcare costs, however we weren't willing to just rollover. With Axial Benefits, we were able to be creative with our healthcare funding mechanism and ultimately bring that increase down to a negligible amount.
Because of the fact that your sharing in a much bigger pool, you're able to maximize the economies of scale and the benefits of being a larger employer while at the same time managing your costs and increasing your margins. At the end of the day this program is less expensive and much more transparent than a fully insured plan would be.
President & CEO, Workway
On Oct. 12, 2017, President Donald Trump signed an executive order intended to change certain rules under the Affordable Care Act (ACA). The order would relax regulations on association health plans....Read more
On Aug. 1, 2017, Massachusetts enacted a new law intended to help fund MassHealth, the state’s Medicaid program. The new law temporarily: Increases the existing Employer Medical Assistance...Read more
CHIA today released its first research brief on employer-sponsored health insurance offered to workers at lower-wage firms in Massachusetts, supporting new understandings of health care access among...Read more
OVERVIEW The Internal Revenue Service (IRS) Office of Chief Counsel has recently issued several information letters regarding the Affordable Care Act’s (ACA) individual and employer mandate...Read more
Burlington, MA— October 12, 2017 – Axial Benefits Group (ABG), a full-service benefits management company, announced today that it will be integrating BerniePortal into its comprehensive portfolio of...Read more
Strategic collaboration with QBE North America provides a first-of-its-kind exclusive Medical Stop Loss arrangement for ABG’s healthcare purchasing coalitions (HCP) The Staffing Exchange and Alliance...Read more
Burlington, Massachusetts –Today, Axial Financial Group (AFG), announced that Robert LoPorto, has been named Wealth Management Consultant in their Burlington, Massachusetts office. ...Read more
Burlington, MA - Axial Benefits Group, a national employee benefits & group 401k firm based in Massachusetts, announced the hiring of Isabella Rodgers – Account Manager, Employee Benefits....Read more