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REFERENCE MATERIAL:

Information:

• Choosing Health Insurance
• Health Savings Account Updates
  • Inflation Adjusted Items for HSA's for 2008
• Senate Bill 51
• 2007 IRS Cafeteria Plan Regulations

Testimonials:

• Annual savings of over $200,000 for a 45-person manufacturing concern by redesigning benefits. “We looked like heroes to our owners with the increase in profitability AND happy employees!”
• Increased profits by $30,000 via savings realized on benefit plans for a 20 person printing company. “We would have had to sell $2 million in new printing to get that kind of increase to our bottom line!”
• Cost-effectively enhanced benefit package for a mid-sized consulting/staffing company resulting in increased ability to recruit highly-paid professionals. “We are now able to attract top professionals used to the rich benefits typically offered by a larger company. Those professionals result in direct, positive bottom line results.”
• Assisted a small distribution/installation company migrate from a PEO to self-managed payroll and human resource function. By implementing a revised benefit program and bringing in a full service payroll processor, we were able to save 50% on the payroll administrative burden or $80,000 on an annual payroll of about $500,000. “This move improved profitability so we could focus on the expansion of new service areas!”
• Designed benefit plan for buyer of nationwide valve manufacturing which increased the value proposition for both the seller and the buyer. “With the money we would save on the benefits, we could be more flexible in the negotiation and keep the deal on track.”

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