Healthcare Plans
Fully insured, self-funded, and partially self-funded programs, along with Medicare guidance. We assist companies in determining the right plan for their needs.
We help employers in Alabama and across the country design, implement, and manage employee benefits, then control the rising cost of healthcare through innovative programs, effective enrollment communication, and service that sees claims and billing issues through to resolution.
Group Insurance
Life and disability insurance, vision and dental coverage, and employee assistance or behavioral health benefits: a broad array of group products that protect the well-being and financial security of employees and their families.
Worksite Benefits
Beyond group programs for enrolled employees, we help you offer a variety of voluntary insurance options at no cost to your company.
Human Resource Consultation
Beyond benefits consulting and brokerage, we provide a broad range of human resource management support services.
Benefits Administration Technology
Our suite of technology services helps clients manage multiple carriers and products on one platform. Adds, changes, deletes, and enrollments, all streamlined in a compliant, paperless environment.
Fully insured, level-funded, or self-funded?
Most renewals quietly assume the funding arrangement you already have. Choosing it on purpose is one of the biggest cost levers an employer controls, and it deserves a real comparison every few years.
Fully insured
The carrier sets a fixed premium and takes the claims risk. The most predictable arrangement, and usually the right start for smaller groups. You pay for that certainty in the rate.
Level-funded
A steady monthly payment that behaves like a premium, but built on your own group’s claims. Run better than expected and money can come back at year end; run worse and stop-loss insurance reimburses your company for eligible claims above its attachment points, under the policy’s terms. For many Alabama employers this is the first real alternative worth pricing.
Self-funded & partially self-funded
Your company pays claims as they come, usually with stop-loss insurance above a set line. The most control and the most transparency, and the arrangement where an independent advisor earns their keep.
We broker across carriers and across all three arrangements, so the recommendation follows your census and your claims history. Whichever way the numbers point, we show you the math we ran to get there. And the compliance questions that ride along with plan design, from ERISA documents to ACA reporting, live with our compliance practice.
Common questions
How small can a company be and still offer group coverage?
Alabama's small-group market generally covers employers with 2 to 50 employees. Carriers also apply participation rules to take into consideration, which we help you plan around. What changes with size is the funding menu: smaller groups usually start fully insured, and level-funded and self-funded options open up as the group grows.
What does working with a benefits broker cost the employer?
In many cases all or most of our compensation is paid by the carrier as part of the plan's pricing, and we disclose it to you. However, many groups prefer our consulting fee model, where compensation is removed from the group health plan. The consulting fee usually covers compliance, education and enrollment support, and benefits enrollment systems.
When should we start working on our renewal?
Ninety to one hundred twenty days before your plan year begins. That window is what lets every carrier and arrangement worth evaluating get a real look, and it is why our process opens renewal season early, on your calendar.
My Advisor has been an incredible resource and trusted partner to our team for many years. They consistently take the time to understand our needs, provide thoughtful guidance, and make what can be a complex process feel simple and manageable.
Stacey, real estate investment firm