| Coalition Management Services Expertise
The
leadership of Benefits Network’s Coalition Management Services
division has established numerous business coalitions, some of which
serve employers in specific geographic locations, and some that serve
particular industry types, such as public sector employers.
Dave Straight, founder and CEO of Benefits Network,
presently serves as Executive Director for two prospering coalitions,
the Regional Employers
Health Alliance (REHA), and the Employers Medical Access Partnership
(E.MAP). These coalitions combined serve more than 800 employers and
have delivered more than $15 million in health care cost savings through
preferred pricing arrangements. He is the premier expert
in coalition formation and administration in the industry.
Capabilities
Coalition Management Services can work with a group
of employers to develop a turnkey coalition. There are three phases:
1. Formation Phase – During
this phase, a business plan is created that outlines all steps required
for successful formation of a business coalition including the creation
of a legal structure and by-laws, obtaining mass interest from employers,
and conducting a formal Request for Proposal and securing insurance
partners and preferred pricing deals.
2. Initial Launch Phase – Once
insurance partners have been secured and preferred pricing has been
negotiated, this phase “gets the ball rolling” with execution
of a publicity strategy, development of professional brochures and sales
collateral materials, a series of group meetings, and much more.
3. Marketing & Administration Operational
Phase – Once operational, a successful coalition must
be continually marketed and have a strong administrative infrastructure.
This phase includes managing the ongoing sales initiative with insurance
agents and brokers, building strong carrier relationships, membership
dues billing and collection, negotiation of future deals, coordinating
Board of Director and Annual meetings, etc. A large group of strongly interested employers is
not required to form a successful coalition. The coalitions that we
have helped to establish began with zero members. Their success was
driven by interest from one or two influential individuals or “champions” and
the efforts of the leaders of Benefits Network’s Coalition Management
Services division.
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