Matthew Kirk of Access Financial Markets: Choosing Right Health Insurance Plan is Vital

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A new Business Insider article notes the importance of the benefits enrollment process for employees—earning a comment from Matthew Kirk of Access Financial Markets.

For most American workers, the season for open enrollment in a health insurance plan comes on an annual basis, typically in the autumn. For many individuals, this open enrollment season is seen as something akin to tax season, a time of year that generates ample paperwork but little true enthusiasm. According to a recent article from Business Insider, however, this may be an unproductive way of looking at health insurance enrollment. The article notes that it is important for individuals to consider the different options available to them, a point that has won the attention—and the affirmation—of Matthew Kirk of Access Financial Markets.

According to Business Insider, many individuals are in the habit of simply checking the box next to their current plan, often neglecting to even look at the other options that exist. The article says that this is a poor idea because many health insurance premiums are rising even as benefits are scaled back; this is particularly true of health insurance plans provided by an employer. However, the article says that, by comparing different plans, individuals can often come up with better options.

This report has won the attention of Matthew Kirk of Access Financial Markets. No stranger to healthcare benefits administration, Kirk currently serves as President of The Benecon Group, a company that has developed and administers 15 self-funded health benefit consortia. Matthew Kirk has responded to the Business Insider article with a statement to the press, in which he underscores the significance of the open enrollment season.

“Employees must pay close attention during open enrollment periods,” says Matthew Kirk.

“Given the implications of the Affordable Care Act, and medical price trends in general, costs for employer plans have risen significantly and employers are looking at all options to control costs. Employees should be aware of plan changes and adjust their choices and behaviors accordingly.”

Speaking of the Affordable Care Act—better known to many as Obamacare—the Business Insider report makes note that many of the rules of the recent legislation are already in effect. Some examples include the right of young adults to stay on a parent’s healthcare plan until they turn 26; the fact that a plan cannot exclude coverage for pre-existing conditions if children are under 19; and that lifetime limits on health insurance are disallowed. Additionally, Business Insider reports that “caps on annual coverage are being phased out.”

Matthew Kirk is a financial professional with years of experience in healthcare benefits administration.


Matthew Kirk, formerly of Access Financial Markets, is currently President of The Benecon Group, Inc., a leading benefit administration and consultation company. Benecon has developed and administers 15 self-funded health benefit consortia and offers a range of services as a general agent to many commercial and select Blue carriers. Before coming to Benecon, Matthew Kirk was a Managing Director at Access Financial Markets, Inc. specializing in financial consulting and interest rate swap advisory. At Benecon, Mr. Kirk helps provide insurance services to more than 400 different agencies.

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Homer Knox
PR Management, Inc.
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