SNYDER: “STATE PAY OUT OF LINE” and

“TREASURER’S OFFICE TO TRAIN FINANCE MANAGERS”

February 1, 2011 Detroit Free Press

These two headlines splashed across the Detroit Free Press the other day.FREEP pdf

 Here’s the basic story behind both:  Wage and Benefit plans for Michigan Public employees are bankrupting our state.  State Treasurer Andy Dillon is training 45 advisors to assist unnamed cities and school districts nearing financial shutdown.  In the private sector, we’ve been forced to cut back on our budgets for years.  Unfortunately, for largely political reasons, leaders haven’t been willing to make Unions tighten their belts like the rest of us.  

Finally, public sentiment and political resolve may be strong enough to change a generation of Union giveaways.  Absent a robust state economy, our new Governor, plus angry Michigan taxpayers, may succeed in getting State Employee Unions to accept realistic wage and benefits before their October 1^st contract renewal.

So, what does that have to do with health Insurance Agents around our state?  Simply this:  while everyone in Lansing may be talking about cutting costs, Insurance Agents now have the sensible solution:     Medical GAP Insurance!  

Many experts believe that medical “GAP” Insurance is THE new cost and benefit solution for Union and      non-Union Employer groups everywhere.  GAP Insurance offers 3 simple value propositions: 

1.      Save Money.  Typically, GAP saves $1,000 annually for every employee on the health plan.  With rich Public plans, our savings are even greater!

2.      Improve Benefits.  GAP eliminates most deductibles and coinsurances, offering great coverage without bankrupting employees at the time of use.

3.      Retain Insurance Carrier.  Generally, NO Carrier change and NO applications for employees to fill out !

Public Employee benefit plans have historically been controlled by larger Insurance Agencies, often “wrapping” plans to 100% coverage.  GAP insurance now affords smaller agencies the opportunity to “get in the door” with a commissionable insurance product offering a sensible solution to out of control budgets.

GAP Insurance offers sensible solutions…exactly what is needed in Public benefit plans today.  GAP insurance can provide robust “Buick” plans for a fraction of premium dollars  that Public Employees “Cadillac” plans cost the rest of us taxpayers . 

Save your local city thousands of dollars in benefits while being touted as your area’s expert on the subject; start selling medical GAP Insurance!  Call CHELTEN BENEFITS GROUP for marketing sales ideas and support and tap into the Million Dollar GAP Insurance market today!

 For a quote or more information, you can reach us on our website 

at www.CheltenBenefitsGroup.com or by phone at 248-464-6544.