Hillsborough County Bar Association
We have partnered with the Hillsborough County Bar Association to provide a benefit for its members.
On behalf of the Hillsborough County Bar Association, we would like to take this opportunity to introduce a new major medical member benefit that has been endorsed by the Board. The health insurance program is for members of the Hillsborough County Bar. The major medical benefit is offered through Aetna and could provide some potential savings and some up-front premium credits based on your enrollment.
About SGP Advisors formerly Shea Barclay Group
Shea Guercio Partners (formally known as SGP Advisors) was established in 1995 and work with over 2500 law firms in 48 states and 150 law firms in Hillsborough County. We offer multiple insurance products to assist firms with their insurance needs and have worked with HCBA for over 15 years.
Why would a firm entertain this program as an option for their employee’s health insurance?
The program offers financial advantages both initially and over the period of the program. Firms can receive premium credits depending on how many enroll. If the plan performs well and claims are below what was projected, the firm shares in the savings.
Is there a minimum number of employees to participate?
The program is available for firms with at least 2 employees. We will provide guidance for solo practitioners.
What is included in this new benefits program?
Health, Dental, Vision, Life, web-based enrollment system, mobile application and a comprehensive wellness offering.
HCBA Member coverage includes:
Health insurance program performance history: 53% of the firms on this program earned a surplus with an average return of $10K total coming to almost $800 per enrolled employee.
Case study : A 25-person law firm would be guaranteed to get the $500 premium credit (at a minimum), for a min of $12,500 on the front end, PLUS a guarantee of $5,000 first-year surplus.
If the firm had a good claims year, they would be more likely to get a surplus or refund. On average they’d be earning a surplus of $20,000 ($797 * 25 employees enrolled )
*SAVING IS AN ESTIMATE BUT NOT GUARANTEED
If you would like to consider this, please fill out the contact form below: