-- Earlier today, Prism Insurance Agency, Inc. (known in Moreno Valley and Riverside for specializing in creative solutions for auto insurance, home insurance, business insurance (Workers Compensation and General Liability Insurance etc.) and Group Benefits announced the beginning of its revamped service, which has been in development since 2016. Employer Excess Loss Insurance has been available to the public since 2016 but was in development for quite a long time. The main aim is to Saves Business Owners and Company’s Money Without Sacrificing Employee Health/Dental/Vision Benefits… but it does so, with a difference.
Prab Randhawa, Insurance Broker at Prism Insurance Agency, Inc., says: “We wanted to try something new as Prism Insurance Agency is known for specializing in creative solutions for auto insurance, home insurance, business insurance (Workers Compensation and General Liability Insurance etc.) and Group Benefits service. Anyone familiar with the Creative Application of High Deductible Health Plans paired with Health Reimbursement Arrangements paired with Employer Excess Loss Insurance to reduce costs for Employer’s market will probably have noticed how everyone else seems to offer only HDHP-HRA bundles leaving Employer’s exposed to loss risk which significantly reduces implementation and increases costs to the Employer’s bottom line. This is a problem because Company’s are trying to offer the best benefits that they can while reducing their overhead expenses in this tough economic environment. The EEL-HDHP-HRA Package allows companies to do exactly that without sacrificing their budget or their coverage.”
So as a welcome breath of fresh air, Prism Insurance Agency, Inc. will instead be providing this bundle which allows Employer’s to reduce their premiums without having to sacrifice employee benefit packages. Prism Insurance Agency, Inc. chose to make this move because they believe that Employer’s and Company’s in general want to offer the best Benefits Package that they can but the cost gets in the way. This allows them to offer a fantastic package without burdening their bottom line.
Prab Randhawa also said “We want to give our customers a sense of empowerment over the rising costs of Group Health Insurance by giving them a way to reduce the premium without reducing coverage. Prism Insurance Agency is known locally in Moreno Valley and Riverside (and throughout California) for specializing in creative solutions for auto insurance, home insurance, business insurance (Workers Compensation and General Liability Insurance etc.) and Group Benefits service, they have a fresh new possibility. The company wants client’s to feel like things are going to be okay and they won’t get hit with another massive rate increase year after year. When using the HDHP-HRA-EEL coverage bundle through Prism Insurance Agency that is not an issue. Trying something new is always a risk, but it’s a risk Prism Insurance Agency believe’s is worth taking.”
Prism Insurance Agency, Inc. has been in business since 2012, having been established in 2012. Since Day 1 it has always aimed to Make people’s lives easier with innovative approaches to reducing the cost of car insurance, home insurance, business insurance (including Workers Comp and General Liability Insurance) to Group Health Benefits such as Health and Dental Insurance.
This isn’t the first time Prism Insurance Agency, Inc. has defied convention either. Earlier this year they launched several other products standing by their commitment to doing their best to go above and beyond for each of their clients. Whether that means reaching out with creative ways to protect someone with automobile insurance, or boat insurance or home insurance and/or business insurance, they endeavor to help all of their clients with their comprehensive approach. Just this year they caused a stir when they started to provide General Liability insurance in minutes right through their website https://myprisminsurance.com/businessquote
Prism Insurance Agency is located in Moreno Valley on Sunnymead Blvd. and is known both locally in Moreno Valley, Riverside, Perris and throughout California for specializing in creative solutions for auto insurance, home insurance, business insurance (Workers Compensation and General Liability Insurance etc.) and Group Benefits. This new Group Health Insurance service is Available Now. To find out more about the service and Prism Insurance Agency, Inc., it’s possible to visit https://www.myprisminsurance.com/group_health/group_benefits_transfer_form.aspx
Release ID: 88931549