Consulting Services

Our Compensation Is Transparent, Disclosed, and Available.

  • When IBT Consulting can remove set commissions from insurance products, we will.
  • If we can’t remove set commission from ancillary insurance products, IBT Consulting will provide on-demand disclosure to all active clients in good-standing.
  • If a “bonus” is received from any insurance carrier without notice, IBT Consulting will donate the funds to one of the many charitable organizations we support.

Employer’s Fiduciary Responsibility

Employers have a moral and fiduciary responsibility to assess their health plans, independent of those financially benefiting from it. As an employer, it’s time to stop asking your advisors to evaluate the quality of the health plans they’re paid to keep in place.

employees listening to presentation on employee benefits consulting

Our Gold Standard

Commitment

We believe a person works for whomever pays them and most insurance brokers are paid by big insurance carriers. We’re loyal to you and only you. We’re paid directly by our clients and only represent them. We prohibit health plan commissions, bonuses, or overrides from insurers.

Differentiation

Bigger isn’t better in healthcare. In our field this “bigger” means bigger costs, bigger inefficiencies, and much bigger incentives for the all the wrong people. We pride ourselves on providing high-touch consulting services that align us completely with our clients’ goals and vision.
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Communication

We don’t just pop in at renewal time – we’re with you every day, all year long. We manage our health plans with a fine-tooth comb so our clients maintain complete control and clarity of their healthcare utilization and spend. We mitigate your risk before it happens.

Transparency

Transparency is our thing, starting with how we get paid. We believe employers have the right to know how much healthcare really costs and where every single dollar is going. We commit to providing round-the-clock access to your health plan data and giving control back to employers.
business man talking on phone to employee benefits consultant

Our consulting services include:

  • Complete self-funded plan architecture and execution
  • Year-round, dedicated plan and account management
  • Open enrollment coordination
  • Monthly executive strategy meetings
  • Quarterly financial reviews
  • Daily cost mitigation reviews
  • Ongoing plan education
  • Stop loss marketing and placement
  • Annual vendor performance examination
  • Compliance and reporting
  • Legal support
  • Enrollment and eligibility management
  • HR support

Up to 100 Employees

$3,000

Per Month

+ 20% performance bonus
upon meeting the cost savings
goals of the client.

100-250 Employees

$5,000

Per Month

+ 20% performance bonus
upon meeting the cost savings
goals of the client.

250-500 Employees

$7,500

Per Month

+ 20% performance bonus
upon meeting the cost savings
goals of the client.

500+ Employees

Custom

Per Month

+ 20% performance bonus
upon meeting the cost savings
goals of the client.

Groups with less than 50 employees who wish to use a small-group solution other than self-funding, including solutions like medical cost sharing, may do so at a flat fee of 4.5% paid directly from the provider as part of monthly premiums. Consulting fees as needed are negotiable.