Funding Solutions

Efficiency

Our simple approach and framework will have you back to focusing on your business.

Impact

Maximize the value of your investment.

Trust

The most important assets to any company is their people. We are with you for the long haul.

IBA

Why CHOOSE US

Innovative Benefit Advisors LLC Is an independent employee benefit firm. Our focus on relationships and years of experience allows us to offer all the personalized service of a smaller company with the tools and resources of one the country’s best national insurance agencies.

A producer and client advocate are assigned to each client. Customers enjoy the continuity of working with the same individuals rather than a call center approach or a team with far too many accounts to service wel

We believe selecting the right partner for your benefits program management should be viewed through three lenses:

Budget accounting or statistics concept. Business analysis isometric vector illustration. Data analytics for company marketing solutions or financial performance.
Why IBA

Funding Solutions

The results of our approach are customized plans that maximize benefits, lower costs, and provide more choices, with simplified administration.

Alternative funding plans are often a much better solution than an off-the-shelf plan.

We have expertise in types or alternative funding which includes:

Self-Insured Plans
Captives
Flexible Spending Accounts (FSAs)
Health Savings Accounts (HSAs)
Healthcare Reimbursement Accounts (HRAs)
Medical Expense Reimbursement Plans (MERPs): Much more flexibility and cost savings than HRAs
Why IBA

Win-Win Approach

Our win-win strategies focus on programs that reduce claim costs and premiums while enhancing benefits options.

Many of our clients offer:

Telemedicine with a $0 Copay
Discounts, coupons, rebates, savings cards, trial offers, and free samples for prescription drugs
Second opinions from physicians at some of the world’s best hospitals
Incentives to reduce high-tech imaging costs
Discounts for dental procedures
Business investment isometric vector illustration. Data analytics for company marketing solutions or financial performance. Budget accounting or statistics concept.
Business growth isometric vector illustration. Data analytics for company marketing solutions or financial performance. Budget accounting or statistics concept.
Why IBA

Cost Management Experts

Managing the increasing cost benefit plans is the first priority for many of our clients.

IBA’s superior negotiation skills, market share leverage, and carrier advisory board membership help reduce increases. In-house underwriters review claims to determine if rates are fair and make suggestions to mitigate future claim costs.

Plan design with employee engagement can reduce cost by as much as 20%. IBA has propriety relationships with local and national health and dental carriers. Clients take advantage of unique benefit management strategies to offer plans that are appreciated by employees and fit within the company’s budget.

Chris Peris

Chris@ibenefitadvisors.com


Mark Rezendes

Mark@ibenefitadvisors.com

We are Here for You

Our aim is to be your partner, not another vendor.