In group benefits, the funding structure is often overlooked.  The wrong cost structure can cost an employer major capital in excess premiums, or expose them to financial hardship if they required to hold too much unknown risk.  

 

Question: Why would a 10 person law firm with an average age of 55 have the same health insurance plan as a tech firm with 200 employees and an average age of 32?  Answer: They shouldn't but often do because their brokers and vendors do not educate them on the wide range of options available to them.

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You wouldn't plant palm trees in Michigan nor should you insure a small group with an older population the same way you insure a larger group with a younger population.  GLBG utilizes all available data to explore viable funding options for your organization.