The Lank Group

The Lank Group

The Lank Group is a Full Service Employee Benefit’s Advisor

Group Healthcare is Fixed, let me show you how we can replicate a proven solution

Meet Michael Lank, President of The Lank Group, Inc. ____________________________________________________________

• Thirty years of industry experience
• Fifteen years of sales and executive management experience with Blue Cross & Blue Shield of Kansas, Cigna (Atlanta), and Humana (Atlanta)
• Fifteen years of experience on the advisor side of the industry
• Health Rosetta Associate Advisor – We follow a guiding set of principles which focuses of transparency, and non-status quo solutions
• NAHU certified in HIPAA, the Affordable Care Act (ACA), and Self-Funding
• I am obsessed with the goal of reducing my clients health care spend by 20-40 percent

As a Health Rosetta Advisor, I can show you why your group health insurance premiums are too high, which forces you to increase your employees out-of-pocket expenses to keep it affordable.  This results in low employee morale and employee retention problems.

Why The Lank Group

• Group health insurance hyperinflation is forcing employers to move to high deductible health plans
• High deductible health plans create unfordable costs for employees and their family members when seeking health care
• Medical cost continues to be one of the top reasons for families filing for bankruptcy, even for those with insurance
• Employees are struggling affording not only the high deductibles, but also the high insurance premiums
• The high cost of insurance and the high deductibles, are creating poor employee morale
• Insurance carrier profits continue to soar, all while the industry is falling apart.  This path is unsustainable, but WE HAVE A PROVEN SOLUTION

How We Save Our Clients 20-40 Percent

• By introducing independent, active plan administration and oversight
• High-performance plan designs that incentivize quality care decisions
• Value based primary care
• Transparent pharmacy benefits (there is so much profit built into the typical RX model that it is just plain wrong!)
• Transparent open networks (this alone saves employers 20-25 percent in the first year)
• Major specialties & outlier patients

The Results

• 20-40 percent savings in total group health insurance spend
• Better benefits for employees that are affordable
• A sustainable solution to fight health insurance inflation
• Improved bottom line for organizations
• Transparent client/advisor relationship. We clearly show you how much you are paying us, and we do NOT accept carrier bonuses.  Our pay is aligned with your bottom line
• Higher employee morale

Ideal Customer

• Companies with 10 or more employees, although 50 and up is our “sweet spot”
• Companies who are currently insured by Aetna, Anthem/BCBS, Cigna, Humana, or United Healthcare
• Companies who are tired of large rates increases
• Companies with high employee turnover
• Companies with low profit margins
• Companies with a savvy CFO

Best Referral Partners

• Human Resources Consultants
• Human Resources Directors
• Wealth managers who participate in the 401K space
• C-suite coaches
• CPA’s
• IT firms who call on companies with 50 or more employees
• Savvy CFO’s
• Property and Casualty agents
• Any business to business company