Erik Wissig | Blogspot

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Hixme’s Flexible, Right-Sized Employee Health Coverage

Erik Wissig serves as Hixme Insurance Solutions, Inc.’s chief financial officer and provides technology-enabled health benefit solutions that are worker-owned and meet the needs of large organizations. As described by the Hixme’s CEO, Erik Wissig’s firm is addressing a nationwide situation in which health care costs are rapidly increasing. According to CEO Denny Weinberg, Hixme ’s approach centers on the prevalence of over-insurance, with coverage that far exceeds most people’s actual needs draining resources that could better be used elsewhere. A major reason costs are rising is that coverage is essentially designed to meet the needs of a small fraction of employees. The answer is to empower workers through choice when selecting a plan. Through Hixme, employers can provide custom coverage while avoiding the need to design health care packages themselves. Employees are given tools to compare and shop, with brokers helping them select ideal coverage sized to the needs of them and t

Hixme’s Custom Insurance Platform Gives Workers Choice

Guiding Hixme Insurance Solutions, Inc., as chief financial officer, Erik Wissig informs a technology-driven company that offers a full range of solutions in the health benefits sphere. Working with large companies and organizations, Erik Wissig and his team provide pathways for replacing the outmoded, rigid, group insurance model with insurance that is tailored to the individual needs of employees and their families. A recent California Broker Magazine article featured the insights of Hixme CEO Denny Weinberg about his company’s role in enabling employee choice, which avoids the pitfall of over-insurance. Bringing focus to the employer-funding mechanism, Hixme takes the perspective that each person covered has “vastly different needs and preferences.” With Hixme, employers no longer guess what coverage workers need from a narrow one-size-fits-all viewpoint. At the same time, employees gain access to the decision-making process through the WorkPlace Market platform. The result is a

Hixme Health Bundle Leverages Expanded Coverage at Lower Cost

Erik Wissig serves as the chief financial officer of Hixme Insurance Solutions, Inc., a provider of technology-based solutions designed to help employers offer worker-owned health benefit packages. Products available through Erik Wissig’s California-based company include the Hixme Health Bundle, a comprehensive healthcare plan package for workers and their families. The Hixme Health Bundle helps workers obtain better coverage at a lesser expense by expanding medical coverage beyond the limits of a traditional standalone core insurance policy. Workers start with a core health insurance policy and may supplement additional coverage in order to mitigate the financial consequences of unexpected medical events. Individual features vary among bundles, allowing workers to create a plan that suits their specific needs and circumstances. Extra value is created through safety net features that trigger only when needed, which reduce deductibles and out-of-pocket expenses. Reductions in out-o

Hixme - Containing Costs and Enabling Health Insurance Choice

Erik Wissig serves as Hixme Insurance Solutions , Inc.’s chief financial officer and oversees a technology-driven platform in the group benefits sphere. Emphasizing innovative solutions that place employees in the driver’s seat when it comes to health benefits, Erik Wissig’s company enables employers to optimize their activities within the individual health insurance market. Interviewed by Forbes, Mr. Wissig described his company as fulfilling an essential role within an Affordable Care Act-influenced health care landscape in which it can be extremely challenging to predict evolving regulatory mandates and areas of price increase. Within a commission and reimbursement environment, a key focus is finding a sustainable revenue model, given that health care providers have limited flexibility in adjusting service and product pricing. Hixme has identified these challenges and found ways of enabling companies to reevaluate their systems in ways that protect worker coverage while containin

Hixme Insurance Solutions - Enabling Better HR Options for Benefits

As chief financial officer of Hixme Insurance Solutions, Inc., Erik Wissig guides a technology-enabled firm that provides larger companies a platform for enabling employees to take ownership of their health benefits. Erik Wissig and others at Hixme provide an in-depth look at issues confronting clients through dedicated webinars, including a recent one on “The Battle of the HR Professional: A Deep Dive into the Benefits Function.” Speaking on the webinar, Hixme CEO Denny Weinberg addressed specific challenges related to benefits, which he defined as the most costly among the full array of issues that HR professionals deal with. With HR professionals focused on attracting and retaining top level talent, they must balance financial constraints and competitive pressures. Within the benefits sphere, battlegrounds have emerged on a number of fronts amid a landscape of rising “out-of-control” costs and third-party health coverage purchases that are uneconomical. One goal of Hixme is to

A Brief Explanation of Seed Funding

As the CFO of Hixme Insurance Solutions, Inc., Eric Wissig manages the financial strategy and business plan of this technology-centered health insurance startup. Among his achievements at Hixme, Eric Wissig has been instrumental in raising over $12 million in seed and series A venture capital for the firm. The seed or angel funds of a startup generally refer to the first monies invested in a business after the founder’s initial investment and investments from friends and family. Angel funders typically put in relatively small amounts of money to allow for continued growth. In exchange for this, they receive an ownership interest. Additionally, they may actually assist in getting the company off the ground. Seed investors aim to help the company gain some traction, ideally creating interest from larger, professional investors, such as venture capitalist companies. Once these higher level investors become involved, investment opportunities continue in series or rounds, with each roun