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 […]
Today’s tight talent market is greatly influencing benefits decisions. The U.S. unemployment rate is at 17-year low. That means there is less available talent and more open job opportunities that need to be filled. The competition for talent is fierce, and job-seekers have the upper hand with the knowledge that if they are unhappy in […]
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 […]
We’ve discussed before the importance of aligning your benefits packages with your company culture and values (here and here). For instance, at Armada, we host a Wellness Initiative with workout and yoga classes, healthy snack options, lunch & learns, and special health activity events to reinforce our culture of wellness. At Armada, we also value […]
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 […]
Just like football season comes this time every year, so does the busy benefits season. And for you, both brokers and employers, that means it’s go-time. Get your game face on, and get out there team! But before you jump into play, let’s discuss 2 unique tips that can get you ready to perform at […]
Rising healthcare costs for employees are nothing new. But in 2018, experts are predicting the highest increase we’ve seen in 3 years. In fact, employee healthcare costs are expected to rise 7.2% next year, up from 2017’s 6.9%. The study found that rising prescription drug prices are a big factor in the increasing costs. Let’s […]
As the moon crossed in front of the sun on Monday here in our hometown of Hunt Valley, Maryland, we at Armada could not deny that we too were feeling the eclipse frenzy that had taken hold across the country. The total solar eclipse may have passed, but it’s inspired us to write this blog […]
We’ve talked before about the cost of unwellness and how health risks, if left unmanaged, can have huge negative effects on a company’s bottom line, but now let’s take a minute to address how to reduce these health risks and the related costs. This article recently discussed 5 underutilized strategies employers can use to help […]