Indianapolis, IN (PRWEB) August 22, 2016
Even before the Affordable Care Act (ACA) upturned today's health care system, high-deductible health plans (HDHPs) were becoming the norm for employer-sponsored plans. HDHPs make financial sense for many groups because they offer lower monthly insurance premiums, as compared to low-deductible plans, and encourage employees to be better health care consumers. But for some employees, meeting high deductibles can be a challenge.
To help HR professionals and business owners better manage those challenges, United Benefit Advisors (UBA), in conjunction with Symetra® Life Insurance Company, will host a webinar — “Closing the Coverage Gap” — on Thursday, August 25, at 2:00 p.m. ET. To receive complimentary access to the webinar, enter code SYMUBA8252016 at registration.
“More and more employers are choosing to provide HDHP coverage for their employees, hoping to mitigate premium increases, and adding a health savings plan to offset the higher out-of-pocket costs,” says Jason Reeves, Director of Survey at United Benefit Advisors. “We find, and statistics from our annual UBA Health Plan Survey show, that fewer companies are offering in-network health plans with no deductibles and the costs for median, in-network deductibles for all plan types rose 33 percent since 2014.”
Symetra’s Bret Fredericksen will discuss the challenge meeting high deductibles presents for many employees and outline solutions designed to help employers manage high deductible plans without sacrificing quality care and coverage for their employees. “With a successful gap strategy, employers are able to enhance their overall benefits package and employees are able to better manage their health care dollars,” says Fredericksen.
ABOUT the Presenter
Bret Fredericksen is the underwriting manager of Symetra’s Select Benefits business, which specializes in fixed-payment medical and supplemental insurance solutions. Fredericksen is a 25-year insurance and financial industry veteran working with employee benefits. His background includes group life and disability, medical stop loss, traditional life, and limited benefit medical insurance, and he has worked closely with both captive and independent agents. Prior to Symetra, Fredericksen held sales and management positions at Farmers New World Life. He holds a Consultative Sales Graduate (CSG) certification and is based in Bellevue, Washington.
Symetra Life Insurance Company is a subsidiary of Symetra Financial Corporation, a diversified financial services company based in Bellevue, Washington. In business since 1957, Symetra provides employee benefits, annuities and life insurance through a national network of benefit consultants, financial institutions, and independent agents and advisors. For more information, visit http://www.symetra.com. Symetra® is a registered service mark of Symetra Life Insurance Company.
ABOUT United Benefit Advisors®
United Benefit Advisors® (UBA) is the nation’s leading independent employee benefits advisory organization with more than 200 offices throughout the United States, Canada and the United Kingdom. UBA empowers more than 2,000 Partners to both maintain their individuality and pool their expertise, insight, and market presence to provide best-in-class services and solutions. Employers, advisors and industry-related organizations interested in obtaining powerful results from the shared wisdom of our Partners should visit http://www.UBAbenefits.com.
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