Skip to main content

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 an informative, easy-to-use system that brings predictability to organizations while adding flexibility that benefits workers and their dependents.

As Mr. Weinberg describes it, the industry change enabled by Hixme’s platform is consumer driven and has parallels with the emergence of the 401(k), which decades ago placed greater control over retirement investments in worker hands. The bottom line is that companies are now able to customize coverage that leverages scale in the most efficient way possible while avoiding the need to design coverage from the ground up.

Comments

Popular posts from this blog

205: Erik Wissig, CFO, Hixme

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

Hixme’s Online Insurer Profile Database Tool

A seasoned investment banker, Erik Wissig is a founding executive and CFO of technology startup Hixme. Erik Wissig’s firm is disrupting the large employer health benefits group model with a new technology driven worker-owned health benefit approach. Hixme’s latest offering is the online Insurer Profile Database Tool. The Insurer Profile Database Tool enables the comparison of profiles on hundreds of insurers that are offering thousands of plans throughout the country. The groundbreaking tool assembles over 100 data points from close to 200 insurers. Information that can be compared includes special program features, operating procedures, technology features, methods of application, networks, and service areas, among others. This is the first instance when all this information is assembled in one location where it is integrated and converted into useful analytics.  A treasure trove of insights may be obtained from this data, and awareness of the nuances of each insurance company can