Alliance Extends Valuable Cost Cutting Strategies to Employers as Health Insurance Premiums Continue to Rise

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Health Management Solutions, Inc Announces Continued Alliance with MGB

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Health Management Solutions, Inc. announces its continued strategic alliance with Meltzer Group Benefits, a diversified financial services company based in Bethesda, Maryland. The Meltzer Group has become industry leaders in the insurance field as cited by the Washington Business Journal, providing comprehensive business, personal and corporate insurance and financial strategies.

As MGB's sales and marketing arm, Health Management Solutions compliments them by its commitment to service, and, innovative cost containment strategies. HMS’s prospective clientele consist of middle market employers with 50 to 1,000 employees.

“As we develop new business, we tend focus on cross selling opportunities and our centers of influence,” said Chartered Benefit Consultant and HMS founder, Lawrence Stanley. “Nonetheless alliances like these allow us to extend valuable resources to our clients.”

“With health care inflation at record high, and continuous premium hikes by insurers, I am often asked by clients how other employers are managing the trend,” Stanley remarked. “The common denominator tends to be employers reducing their overall contribution levels and being less generous than years past. For those smaller employers it’s been somewhat synonymous where they’ve actually eliminated benefits all together or have chosen to sponsor a voluntary type of benefit program without actually contributing to the plan.”

“The health and life insurance business has become a relatively flat market for many,” Stanley said, "however, as we begin to enter the third and fourth quarter, we feel this is a unique opportunity for us to share our expertise in regard to creative cost containment and benefit management. We find that companies tend to reduce their bottom line expenditures especially in a time when operating budget costs are spiraling out of control.”

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Amy Nicol
Health Management Solutions, Inc.
1.866.929.2279 82
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