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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