Call Us Today For A Free Quote | 480.830.2595


Dream Team Home Page Payments Claims
Colgrove Financial, LLC

Auto Home Business Life

Hopefully after last week’s introduction into level funding, you should have an idea of how your maximum financial exposure is on level funding. This week we will look at another benefit of level funded plans.


Plan design, or how to arrange your employee benefits to the benefit of your staff while getting the most out of the bucks you are spending on this. In the beginning, you are doing what you always have done with your regular fully funded plans.  BUT now you notice that you are getting monthly claims reports as to where your employees are using their healthcare benefits.  At 9-10 months down the road, we can get a picture of where your staff and family are spending their medical dollars.  We can now review this and decide if this the best use of our benefit dollars based on information specifically for your company.  Are there behavior patterns we want to encourage or discourage?  How did our wellness program impact our benefits?  Since you get to manage the unspent claims dollars, wellness programs take on a whole new meaning as you can see their effectiveness or not in claims dollars spent.  Do we want to rent a van, to buy medications, for that monthly trip to Algodones, Mexico? Just kidding, or am I?  Would a “Call a Doc” program be more convenient for staff and also keep people out of the doctor's office.  The “Call a Doc” programs can even prescribe drugs.  

Are there things we need to better cover and what are the tradeoffs?  You should now be better equipped to get the most bang for the buck for the benefit dollars you are already spending.  


We will be with you every step of the way, so we can help you design and manage your benefits dollars.  Give us a call and we can see if this is feasible for your company.  


Call us now – 480-830-2595

Posted 1:46 PM

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015

View Mobile Version
View Our Latest Insurance News
  Mike Bowowski

Keep up to date with Mike's thoughts on the galaxy and other events.


Read More

Colgrove Financial
Colgrove Financial, LLC
About Us
Get A Quote
Customer Service
Contact Us
Auto Insurance
Home Insurance
Employee Benefits
Business Insurance
Disability Insurance
Other Insurance Types...
Colgrove Financial, LLC
555 W Chandler Blvd. Suite 203
Chandler, AZ 85225
Phone: 480.830.2595
Colgrove Financial, LLC
How Can We Help You?
or call us at
Get A Quote My Policy Location Insurance Website Builder Refer Your Friends Testimonials Blog RSS Feed Facebook Twitter Google+ LinkedIn