Small Business Health Insurance Broker

Stroman Insurance Advisors is a small business health insurance broker specializing in plans for businesses with up to 49 employees.
Our services are no-charge.

Schedule an Appointment

Or call (404) 595-4740

Weekdays 9AM – 5PM

★★★★★
5-star rated on Google

A Better Approach to Health Insurance Benefits

Are you a small business owner struggling to offer competitive health benefits without breaking the bank? We understand the challenges you face, and we have a solution for you.

The harsh truth is this: as a business, you’re paying for competitive health benefits one way or another. Either you offer them, or you incur the cost of employee turnover because a competitor does.

As a business owner, you might think the only option for health benefits is an expensive traditional group plan. While that might be viable for some, there’s an alternative that we think is better.

The Problem with Traditional Group Health Insurance

For most businesses with fewer than 25 employees, traditional group plans don’t make much sense anymore.

The cost is simply too high

It costs at least $600/month for employee-only coverage. Add about $1,000/month to get a spouse and children covered. Many businesses can help pay some of an employee’s premium, but chipping in for the family usually isn’t doable.

Employees are opting out

Even if you contribute toward the cost, a group plan might still be unaffordable to employees. If they opt out, that hurts your plan participation and makes a higher rate increase at renewal more likely. Not to mention your benefits aren’t providing the value they should.

Rate increases are unpredictable

You can’t accurately budget for health benefits because costs fluctuate wildly each year. Rate increases of at least 10% are commonplace.

Administration is a headache

You’re the first one to hear about complaints, denied claims, enrollment errors, and general dissatisfaction. You didn’t sign up to be in the insurance business, but you find yourself there anyway.

There’s a Better Way: Managed Individual Health Benefits

Think of the shift from pension plans to 401(k) plans that began in the 1980s. Instead of employers having a single retirement plan and making all investment decisions in-house (pensions), they give a defined amount of money to the employee, who then owns the money and invests it as they choose (401(k)). This simplified retirement benefits enormously.

Group health plans are like pensions. Employers decide on the product and bear most of the administrative burden. Employee choices are limited.

Managed Individual health benefits are like the 401(k). Employers decide on how much money to give employees, and employees choose their own plan with the help of a licensed professional.

How the Managed Individual Approach Works

Step 1

Set a fixed budget

Example: Decide to contribute $300 per employee per month, knowing this amount won’t change unexpectedly.

Step 2

Employees choose their own plan

With our help, they find the plan among 100+ on the market that best fits their needs—doctors in network, copays, etc.

Step 3

Federal tax credits maximize affordability

About 90% of American families qualify for an ACA tax credit. They can combine that with your contribution.

Step 4

You enjoy simple admin and lower costs

Spend just 30 minutes a month on benefits administration, with no surprise bills or complex negotiations.

How Stroman Insurance Advisors Can Help

We specialize in creating Managed Individual benefits programs, and we have extensive experience with the plans your employees will choose from.

When you choose us as your broker, we will:

Help you establish the program and administration software
Meet with every employee, answer their questions, and enroll them
Address employees’ service needs throughout the year
Partner with you to make changes and improvements as needed

There is no fee for our service. However, we only work with businesses who are willing to invest the resources necessary for a competitive, successful program.

Want to Learn More?

Schedule a free consultation with us to learn more and see if the Managed Individual approach is right for your business.

Schedule a Consultation