Healthcare & Risk Management
Our organization’s philosophy focuses on industry independence with a relentless pursuit of disrupting the traditional carrier and network narratives to achieve optimal outcomes, including comprehensive risk management, reduced healthcare trends and total cost savings and stability. Through non-traditional approaches and the latest levels of innovation, we uncover unseen opportunities to maximize the performance and investment of your healthcare costs while protecting you from risk.
Our goal is simple: drive down your company’s healthcare costs while maximizing every vendor’s financial investment and value within your health and benefits program. Using non-traditional approaches, we uncover opportunities to enhance the performance of your benefits plans and improve the employee experience.
Healthcare and benefits represent the second largest expense for most companies. Yet, few corporate executives understand the actual effectiveness of their healthcare plan. In many cases, they invest in programs, vendors, and networks without knowing whether they work within the best interest of their employees or if their company is receiving a quality return on its investment.
Healthcare and benefits are complex, and employers should have greater levels of control regarding the plan performance, relative cost, and the very components that deliver such metrics for proper evaluation. At First Commonwealth Insurance Agency, we provide companies large and small with industry independence, helping them achieve optimal outcomes including, reduced healthcare trends and total cost savings and stability.
We focus on industry independence with a relentless pursuit of disrupting the traditional carrier and network narratives to achieve optimal outcomes, including reduced healthcare trends and total cost savings and stability.
Serving the interests of particular insurance carriers shouldn’t be the driving force behind your healthcare plan. Instead, the consumers’ interests should be at the forefront.
We have an unbiased perspective to deliver the maximum value to you and your employees. We are not tied to the inherent conflict of interest from the commission system that plagues the insurance industry.
We all know that self-feeding ecosystem:
- the brokers serve the carriers
- the vendors work with the carriers
- everyone is in cahoots financially as they take money from each other
But not at First Commonwealth. We operate independently.
If you find health insurance confusing, you’re not alone. The industry contains an endless amount of jargon as well as confounding numbers of plans and providers. One of the most challenging things for employers to communicate to their employees is where to maximize their benefits for the lowest cost.
Utilizing a navigable group healthcare program to avoid traditional bumps and detours is the leading strategy in understanding your healthcare plan. Your healthcare advisors should offer network navigation strategies that you can use to ensure clarity and cost savings for your employees.