The Benefits Brokerage Industry Shouldn't Exist.


That's why we created Health Compass: A new kind of professional services company that works for employers --- not the insurance companies.

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✓ Attract & Retain Talent

✓ Maximize Business Value

✓ Increase Cash Flow


Our mission is to eliminate the $300 Billion that employers waste on healthcare every year.


That equals about $2,500 per employee, per year in waste (yikes).


For businesses that are serious about maximizing their benefits investments and taking care of their employees, Health Compass is the non-commission-based benefits consulting firm that helps businesses achieve their goals through alignment, process, and certified expertise.







“Health insurance is the most frustrating part of running my business” - Owners & Executives, Everywhere.

Although 81% of employers use benefits brokers for guidance on how healthcare should be financed and procured for employees, healthcare has become a top expense for most organizations, and 25% of what the average employer spends is considered waste.

The problem is that benefits brokers work for insurance companies — not you — which is why it never feels like anyone is looking out for your best interests.

Imagine having clarity, control, and a true advocate.

Imagine not having to make difficult decisions at renewal time. Imagine not having to disappoint your employees at open enrollment. Imagine having a strategic advantage in the market that increases your business’s value and ability to attract and retain talent.

Replace your benefits broker with a non-commission-based benefits consulting firm

Start getting clarity and better financial results by replacing your carrier “lap-dog” with a fee-based watchdog from Health Compass. Why?

  • Our average client saves ~$1,500 per employee – with better benefits.
  • Unlike most brokers with just an insurance license, we have the highest certifications and designations in the employee benefits industry.
  • Health Compass is the first non-commission-based employee benefits consulting firm in the U.S. — which means we work for employers — not insurance companies.
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Here’s how it works:

Assign Health Compass Broker of Record so that we have the authority to manage all aspects of your benefits program and negotiate with insurers on your behalf. At the time of renewal, we will strip all the bonuses and commissions out of your health plan and replace them with our transparent fee — so that our services won’t cost you a penny more than you’re currently paying. 

And because Health Compass works for you — not the insurance companies — we will develop strategies and solutions that save your company around $1,500 per employee — without watering down coverage.

    Ken Peach // Executive Director
Health Council of East Central Florida

“Health Compass has  its own path to save employers over $1,000 per employee while also eliminating copays and deductibles that often prevent employees from getting the care they need. We like innovation as it creatively brings down health care costs and benefits everyone."

Ready To Get Started?

We only work with professionals who are serious about saving money and delivering unmatched value to employees. Schedule a meeting with us so we can see if we’re a good fit for each other.

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“Insanity is doing the same thing over and over again and expecting different results”
- Albert Einstein

Satisfaction Guaranteed.

We only work with professionals who are serious about saving money and delivering unparalleled value to employees. Schedule a meeting with us so we can see if we’re a good fit for each other.

Don’t Take Our Word For It..

What Our Clients Say

Still Have Questions? 

We’ve never paid our broker anything…won’t using a fee-based consulting firm cost us more?

No. When fee-based consulting firms get quotes from traditional Carriers, they instruct Carriers to remove commissions from the product. Instead of the 4%-6% commission paid by Carriers to brokers, fee-based firms often charge a flat fee that ranges from $25 - $60 per employee per month, depending on which services the firm includes in their service package.
While fee-based firms may generate slightly more or less revenue than traditional brokerage firms, it’s important to remember that the value created from getting objective investment advice far exceeds any slight compensation deviations between brokers and fee-based consultants.

  • For example, if an employer with 100 employees spends $1 million yearly on their health plan, a broker would normally receive 5% ($50,000/year) in commission.
    Even if the fee-based firm charged the employer $75,000 ($25K more than the broker was getting in commissions), but their recommendations saved the employer $100,000 on their plan, the employer still netted $75,000 in savings for a product of equal or better value. 

Although a fee-based firm’s compensation may be higher or lower in certain circumstances, the critical thing to remember is that, unlike benefits brokers, fee-based firms are not penalized for giving employers their best advice on how the employer should invest healthcare dollars. 

How do fee-based firms save us money?

Brokers and fee-based firms have access to the entire marketplace of insurance products. Unlike brokerage firms, fee-based firms are not financially penalized for maximizing the return on an employer’s benefits investment. They are laser-focused on helping their clients achieve their business objectives.

Broadly speaking, fee-based firms save employers money by 1) showing employers how to stop paying for healthcare employees never actually consume and 2) showing employers how to stop overpaying for the healthcare their employees do consume.

Isn’t it good that Carriers pay our broker so my company doesn’t have to?

Absolutely not. Since some Carriers pay brokers more than others, it is challenging for brokers to give employers objective investment advice about which products to buy. Furthermore, employers who work with benefits professionals whose financial interests are misaligned with theirs are more likely to purchase products from vendors whose economic interests are also misaligned with theirs. Seeing how vital aligning financial interests is to maximize a company’s health investment, fee-based consultants are more likely to outperform a brokerage firm’s commissioned salespeople.

What credentials should a benefits broker or fee-based consultant have?

Understanding the intricacies of healthcare financing and procurement methods, healthcare supply chain management, and the ever-changing regulatory environment should not be left to brokers who merely possess an insurance license.

Verify that the specific broker or consultant you will be working with has the highest designations and certifications in the benefits industry, as this is akin to having a Ph.D. in other sectors.

They are as follows:

Who Are You, Anyway?

While working on the carrier and brokerage side of the employee benefits industry, Donovan Pyle identified a fundamental misalignment in the market: Brokers make more money when their client's costs go up, and this undermines the employers' ability to get unbiased advice on how health plan dollars should be invested.


The problem inspired Donovan to develop and found one of the first non-commission-based employee benefits firms in 2018. By working directly for employers instead of vendors, Donovan’s firm — Health Compass Consulting — escapes the financial conflicts of interest that prevent employers from getting the results they desire.


Today, Health Compass's clients have anywhere from 10 to 10,000 employees and save approximately $1,500 per employee per year -- without watering down coverage.

 
Pyle holds the highest consulting designation awarded by the NAHU, is the Vice Chair of the Health Council of East Central Florida, and is one of twenty-eight consultants in the U.S. certified by the Validation Institute.
His writing can be seen in Yahoo Finance, SHRM, Seeking Alpha, and many other national publications, and he can be reached at donovan@healthcompassconsulting.com

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The Ultimate Employee Benefits Buyer’s Guide From Health Compass Consulting

The Non-Commission-Based
Employee Benefits Consulting Firm

Benefits Consulting, Products & Program Management

In our turn-key model, we design, procure, implement, and actively manage all aspects of your company's benefits program --- so you can attract and retain the talent needed to run your business. 

401 (k) Design & Active Management

Help your employees prepare for retirement by leaving investment decisions to professional money managers who have the experience and expertise needed to thrive in market conditions of all kinds. 

Human Capital
Management

Gain a competitive advantage by leveraging our science-based approach to talent acquisition and development, so your company can fulfill its critical mission. 

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You need confidence, clarity and control to make effective decisions.

Employers who replace their benefits broker with Health Compass's non-commission-based benefits consulting services gain a strategic advantage in the marketplace and, thus, increase their ability to achieve key business objectives.

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With Health Compass, we were able to revamp our health insurance strategy — IMPROVE the availability of our best plans to remote employees, improve benefits communication throughout the organization, and save on premium costs.


– Julie Garofalo, HR Manager at Champion Solutions Group

“Health Compass showed us how to drastically reduce our costs while improving benefits for our employees.”

– Molly Sedensky, CFO

How to Get Started

01

 Set Goals

02

See Options

03

Implement 

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Benefits Are Meant to Attract & Retain Talent.

The Problem


Although 81% of employers use benefits brokers for guidance on how healthcare should be financed and procured for employees, healthcare has become a top expense for most organizations, and 25% of what the average employer spends is considered waste. 


A root cause of this waste is that benefits brokers get paid commissions and bonuses from health insurers and vendors, meaning brokers make more money when an employer’s healthcare costs go up – not down. Therefore, benefits brokers have little incentive to maximize an employer’s healthcare investment. 


The Solution


As an antidote to the failed brokerage industry, Health Compass’s non-commission-based benefits consulting services allow us to maximize our client’s benefits investments — without financial conflicts of interest. 


The Results


Being that Health Compass consultants hold the highest certifications in the employee benefits industry and operate without financial conflicts of interest, we naturally produce:


  • Higher profit margins

  • Increased cash flow

  • Better benefits for employees

For example, our average client saved ~$1,500 per employee after switching to Health Compass last year. 


Conclusion


Employers who replace their benefits broker with Health Compass gain a strategic advantage in the marketplace and, thus, increase their ability to achieve key business objectives.


Next Steps


Schedule a free discovery meeting with us so that we can start maximizing your company’s benefits investment today.

 

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