Founder, Adam Berkowitz, was recently interviewed on Talk With The Top with Business Radio X St. Louis's Michael Greenberg. Check out the full audio interview and listen to Adam describe the early stages of founding and launching Simpara, why it was necessary to open a new agency, and how starting a family and launching a business were mutually beneficial.
For far too long employers have been told "this is just the way it is" when faced with another health insurance increase. "We shopped the same four carriers, we looked at different deductible options, and we got your renewal down to a 4% increase."
We say no more.
Over the last few months of 2017 and into the New Year, we’ve been working with our technology partners on exciting new releases to our HCM software. This is the result of your feedback and engagement over many months and we couldn’t be more thrilled to announce our first major release of 2018.
We couldn’t be prouder to be on the list of 20 rising stars in the industry but among thought-leaders and advisors for their impact, innovation, growth, and leadership moving our industry forward. We’re extremely grateful for this honor, and humbled by what it says about the kind of company Simpara is.
Simpara was recently awarded as the first Health Rosetta Certified Advisor in the state of Missouri. In November, the employee benefit magazine "Employee Benefit Adviser" highlighted our latest achievements.
Controlling health care spending requires a shift in mindset. For most companies, health care is the second largest expense after payroll. However, as is often the case, most companies don’t apply the same level of care to their health care spending that they do to other large expenditures. You run a healthcare business whether you like it or not.
Managing a remote and increasingly mobile workforce is no easy task. At Simpara we’re always thinking of ways to optimize the transfer of information and put data and access at the fingertips of every employee. That’s why we are excited to announce the launch of our mobile app for accessing Simpara anywhere, anytime.
A health savings account, or HSA, can be a great strategy to reduce your health insurance expenses. As a refresher, an HSA is a tax-advantaged savings account that belongs to you. It is always paired with a qualified high-deductible health plan (HDHP) and unlike a traditional health plan an HSA/HDHP has a lower premium. Thus, you can put the premium savings into your HSA for maximum impact and that money in your HSA remains yours. It is often noted that an HSA offers a triple-tax savings: The money you put into your account is never taxed, your account and investment earnings grow tax-free, and you can withdraw your money tax-free as long as you use it for qualified medical expenses. The problem with most HSAs is that very little education exists to help participants maximize their investment. Here are six little-known tips & tricks for maximizing your HSA.
Wouldn’t it be nice to have cost-effective health insurance that you can offer your employees?
Health insurance remains the top valued benefit by job seekers and yet less than 40% of private sector employers offer comprehensive coverage, according to a study by Kaiser Family Foundation. The reason it seems, is that employers find the process of setting up and managing a health plan too arduous. Traditional brokers haven’t made it simple to navigate the complex web of options, reduce the amount of paperwork involved, and allow employees to effortlessly compare their options and enroll in their benefit elections.
Have you ever inquired about the cost of a medical procedure or medication in advance of receiving it? What about price shopping to make sure you are receiving good value for your money? It has become standard to compare airline costs and rental cars or even drive the extra mile to save five cents on gas but when it comes to expensive tests like MRIs, we know that most people will go directly the hospital - usually the most expensive option.
According to a recent study, about 50% of employees are ‘concerned, anxious or fearful about their current financial well being’ and over 40% of employees are ‘looking to their employer for financial support’. Are your employees among those who are uneasy about their finances? Whether you like it or not, they’re looking to you for help. Even if your workforce is highly educated they still might have little to no personal financial acumen.