Hunt Valley, MD—March 24th, 2023—ArmadaCare (www.ArmadaCare.com), a leading supplemental health insurance program manager and a SiriusPoint company, has promoted Nick Limneos to Chief Commercial Officer (CCO). In this role, Limneos is responsible for driving business development and sustained, profitable growth for ArmadaCare by overseeing sales, business development, lead generation and account management. ArmadaCare recently created […]
Health benefits can be an important differentiator for employers, especially private practices. Find out how the AMA Insurance Supplemental Health Insurance Program, developed by ArmadaCare, can help provide private practices a significant edge when recruiting and retaining top talent. Access the full article here.
Ragan’s Workplace Wellness Features Armadacare: Are your employees stressed? They’re not alone. Eighty-four percent of employees have experienced at least one mental health challenge this year. Stress is normal, whether it’s related to work, life or balancing both. But ongoing high stress can have serious consequences that underscore the business case for effective well-being support. Why support […]
The healthcare industry is facing a nursing shortage. Just as recruitment and retention is a top priority for all employers, recruiting and retaining nurse staff in particular is a top priority for healthcare facilities. Today’s tight talent market is making recruitment and retention difficult, but it is not the only contributing factor to the nursing […]
Controlling benefit costs and attracting and retaining a competitive workforce remains the top two HR priorities. But addressing both of those objectives is difficult because one may negatively impact the other. It is important to find a balance between both objectives to steady the teetering seesaw. Control Benefit Costs Over the past decade, primary health […]
As the benefits industry has evolved, our terminology has struggled to keep up with it. This is especially true with group supplemental health insurance. While many still use supplemental health insurance as a blanket term, we aim to drill down a little deeper to clarify the different sub-categories and capabilities that supplemental health insurance has […]
Expense reimbursed insurance is a type of supplemental health insurance that is used for a variety of reasons, from expanding coverage to retention to tax-efficiency. What’s so great about this kind of supplemental insurance is that it has the flexibility to meet each company’s unique goals and challenges. Let’s look at a few scenarios of […]
The cost of prescription drugs in the U.S. are high and getting higher. What do high prescription costs mean exactly and how is it impacting the group healthcare insurance market? Here are some statistics that show just how out of control prescription drug prices are: Spending on prescription medicine per capita in the U.S. is […]
Over time, supplemental insurance has become interchangeable with voluntary insurance in the minds of many, both brokers and employers alike. Years of miscommunication and inefficient marketing has led to this misconception which, unfortunately, has a very limiting result. In actuality, supplemental insurance does not equal voluntary insurance, and this misinterpretation completely cuts out another sub-category […]
Earlier this month, ArmadaCare attended a conference called Ascend where agency leaders go to discover innovative strategies and resources to differentiate and grow their benefits firm. The conference focuses on helping employee benefits firms Remain relevant Stay independent Become more profitable Achieve more organic growth With these goals in mind, our CEO, Ed Walker, recorded […]
At ArmadaCare, our premiere insurance product is Ultimate Health, a group supplemental reimbursement plan designed specifically for busy leaders. While we mention Ultimate Health a lot on our blog, we have yet to do a quick and easy breakdown of what this product has to offer. Without further ado: Brief Overview As mentioned above, Ultimate […]
At Armada, one of our favorite topics is group supplemental insurance. We love to help our brokers and clients better understand the different types of supplemental insurance. While we’ve definitely discussed expense reimbursed insured plans before (take a look at these posts: here and here), we have never dedicated an entire post to this powerful […]
Our CEO, Ed Walker, participated in a panel at the EBN Benefits Forum and Expo in Boca Raton, Florida this week. In a session called 7 Major Disruptions About to Shape the Future of Benefits, Walker and other visionaries in the health benefits landscape discussed the change coming to, and already taking place in, the […]
When it comes to health expenses and needs, everyone is different. So based on your health stage, life stage and family, the amount and kind of coverage you’ll need is going to vary. Unfortunately, one-size-fits-all primary plans aren’t built to handle these variances. This leaves gaps and holes in coverage because primary plans lack the […]
What are most people looking for in their health benefits? Coverage that will truly support their specific health needs. The challenge, if you choose to accept it, is figuring out how to provide that kind of support with today’s one-size-fits-all primary plans that dominate the market. Quick Definition Time One-size-fits-all plans: Health plans that provide […]