Increase in small group premiums for family coverage over last 20 years
Growth in annual average wages over last 20 years.
of covered workers in small firms are in a level-funded plan -- untapped market!
Percent in total employee compensation going to health benefits in 2021
Small businesses are often seen as difficult to sell to market for brokers and others because of the inability to address the market at scale. With Star Benefits, we’ve unlocked this underserved market for brokers, GAs and TPAs with a scalable quoting process, small business-focused technology and products and partnerships that take away the headaches of effectively selling into small groups.
As margins are tightening for brokers, and the landscape is becoming increasingly competitive, it’s critical to find new revenue streams in areas that were previously not serviceable at scale – like the small group market.
Healthcare for small groups is broken. Underserved, underserviced and overcharged. But it doesn’t have to be. Forward-thinking brokers, GAs and others are energized by new offerings that are helping small businesses break the chain of poorly suited products, bad economics and
Star Benefits technology and health plans are purpose-built for small businesses – giving you the right benefits and technology options for your company and your employees. The comprehensiveness of big carriers, with the flexibility small businesses need. Learn more
We do the work at Star Benefits. With minimal requirements for small groups to receive a quote, a streamlined renewal process, and support resources at your fingertips you have peace of mind you’re doing right by your business and employees. Learn more
Level-funding is not only an affordable way for healthy, small groups to save money but also offers them the opportunity to see their unused claim funds returned to the business – giving you the freedom to offset potential rate increases in the future. Learn more