Leverage forward thinking insurance solutions to reduce your costs and boost your dealership’s recruiting efforts.

The health insurance industry is seeing some of the highest renewal increases in recent history. Has your broker shown you alternative funding options and financials to reduce costs while maintaining the highest level of coverage for your employees?

The Great Resignation changed the landscape, elevating employees’ demands and shifting how you recruit talent. In an environment where 90% of organizations are trying to fill open positions, the competition for talent is fierce. Forward-thinking insurance strategies can be a powerful differentiator, helping your dealership demonstrate its commitment to your employees while being effectively managed to cover and control your operational costs.

Potential employees are demanding benefits packages that meet their needs in the “new normal” and go beyond the basics. They want a program that not only gives them and their families coverage for their physical health, but they also desire a package that will cover their emotional, financial and even digital health. A solution is a customized strategy that meets the needs of your employee demographics while managing medical cost inflation and relieving your HR team to focus on employee recruiting and engagement.

Consider the following solutions:

• Alternative funding options to reduce costs. There are many options available with very minimal risk to your dealership that can reduce premiums significantly while not reducing, and many times increasing, the benefit coverage to your employees
• Managing escalating pharmacy costs to offer candidates more coverage options
• Developing professional benefits communications to share with potential employees early in the recruiting process
• Navigating complex and ever-changing human resource compliance requirements

If you would like to discuss alternative funding options and how they can benefit your dealership, EPIC has a track record with proven results. If you would like to learn more, EPIC will provide information and case studies to GLANCDA members.

EPIC ranks among the top 15 retail insurance brokers in the United States and is the largest insurer of auto dealers in the state. Alison McCallum has been in the employee benefits industry for over 20 years and personally works with more than 60 Southern California Dealerships. She is a Principal with EPIC insurance Brokers and Consultants, the CNCDA’s only licensed employee benefits broker. With this partnership EPIC offers unique dealership expertise and services available to GLANCDA dealer members at no cost. If you have questions or would like further information, please feel free to contact her at (949) 417-9136 or alison.mccallum@epicbrokers.com.