Dave's Secret

How he turns $1,800 into $18,000

Dave has a secret. He is a business owner with 10 employees and hyper-focused on keeping his overhead expenses down. He doesn’t bother with traditional health insurance. Way too complicated, the average new hire lasts 6 months and he is not required to give benefits anyway.

Last year, Dave found out about discount benefits. He gives all 10 employees (and their families) free telemedicine visits, discounted dental and an Employee Assistance Plan for a total of only $1,800 a year. And with Blend Benefits 30-day cancelation policy, he can add and drop employees at anytime throughout the year.

Discount benefits are not insurance – but they do provide a level of care that many part-time employees want. A visit to an urgent care center for a stomach issue or a sinus infection can cost a week of take-home pay. Plus, many workers cannot afford to miss 3 hours of work to see a doctor. The no-fee telemedicine benefit can solve that dilemma. They can see a doctor from anywhere in the USA (great for traveling parents).

Dave reports that employee morale has improved. His turnover has slowed and he has less issues around training new hires, understaffing or costly overtime. And with employees staying on the job longer, they have become more productive. He even says that his employees appreciate the free benefits he provides them!

He calculates saving $18,000 a year in payroll. Pretty good ROI he says.

But please don’t tell anyone – it’s Dave’s secret.