ArmadaCare - 3x3x3 Challenge with Rachel Rutherford
ArmadaCare protects leadership stability with a fully insured executive supplemental health plan, helping employers keep key talent engaged and reduce costly turnover, while also giving brokers a fresh story for HR and Finance.
Transcript:
What is ArmadaCare?
All right, so here is the leadership risk that no client is budgeting for right now. 55% of executives are considering leaving. When they walk, it costs the company up to 213% of their salary, and that's before you factor in things like stalled decisions and lost momentum. ArmadaCare built Ultimate Health to really eliminate and mitigate this type of disruption. So it's a fully insured executive medical reimbursement plan. We cover basically what the primary plans miss. Things like mental health, fertility treatments, brand name Rx, executive physicals, global travel support, just to name a few. Employer premiums are tax deductible. Employee reimbursements are not taxable income, and it's an ACA excepted benefit. You need three eligible employees to start. No complex setup, no new primary medical plan. It's just smart risk management for companies.
How is ArmadaCare different?
Well, most executive benefits really get labeled as perks. Then they get ignored or they get cut. Our plan, it gets used. So our members engage with their ArmadaCare plan 86 times a year on average because they value the coverage and our service. So for example in 2024, our members went to over 2,300 executive physical locations using our coverage and our navigation support. This one I'm really proud of. Our net promoter score is best in class year after year. It's an average of 70, which is extraordinarily high in the health insurance industry, which has an average of 27. And we rank among other leading brands in customer satisfaction. Last but not least, you know, our clients stay with us on average of seven plus years. So there's just a lot of client stickiness with this program.
Who is a good fit for ArmadaCare?
Really anyone. So we are built for any employer with at least three enrolled employees. Whether that's their CFOs, their board of directors, their partners, their shareholders, you know, you name it. Rising stars working 11 hour days and hitting burnout levels. It's truly up to the employer on how they want to define those folks as mission critical employees. And then, you know, on the flip side, for brokers, I just want to clarify and say this opens doors with HR and finance leaders that are just tired of hearing the same renewal story. So this changes the conversation and changes the dynamic.
BenefitsAlly.com - The Virtual Exhibit Hall for Employee Benefits
See what’s new – The Floor Report (weekly email of latest videos)
See what’s trending – The Playback Report (videos ranked by watch time)
Get involved – Take the 3x3x3 Challenge (pitch in 3 minutes)
Transcript:
What is ArmadaCare?
All right, so here is the leadership risk that no client is budgeting for right now. 55% of executives are considering leaving. When they walk, it costs the company up to 213% of their salary, and that's before you factor in things like stalled decisions and lost momentum. ArmadaCare built Ultimate Health to really eliminate and mitigate this type of disruption. So it's a fully insured executive medical reimbursement plan. We cover basically what the primary plans miss. Things like mental health, fertility treatments, brand name Rx, executive physicals, global travel support, just to name a few. Employer premiums are tax deductible. Employee reimbursements are not taxable income, and it's an ACA excepted benefit. You need three eligible employees to start. No complex setup, no new primary medical plan. It's just smart risk management for companies.
How is ArmadaCare different?
Well, most executive benefits really get labeled as perks. Then they get ignored or they get cut. Our plan, it gets used. So our members engage with their ArmadaCare plan 86 times a year on average because they value the coverage and our service. So for example in 2024, our members went to over 2,300 executive physical locations using our coverage and our navigation support. This one I'm really proud of. Our net promoter score is best in class year after year. It's an average of 70, which is extraordinarily high in the health insurance industry, which has an average of 27. And we rank among other leading brands in customer satisfaction. Last but not least, you know, our clients stay with us on average of seven plus years. So there's just a lot of client stickiness with this program.
Who is a good fit for ArmadaCare?
Really anyone. So we are built for any employer with at least three enrolled employees. Whether that's their CFOs, their board of directors, their partners, their shareholders, you know, you name it. Rising stars working 11 hour days and hitting burnout levels. It's truly up to the employer on how they want to define those folks as mission critical employees. And then, you know, on the flip side, for brokers, I just want to clarify and say this opens doors with HR and finance leaders that are just tired of hearing the same renewal story. So this changes the conversation and changes the dynamic.
BenefitsAlly.com - The Virtual Exhibit Hall for Employee Benefits
See what’s new – The Floor Report (weekly email of latest videos)
See what’s trending – The Playback Report (videos ranked by watch time)
Get involved – Take the 3x3x3 Challenge (pitch in 3 minutes)
