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 their families.

Hixme’s solutions are suited to a landscape in which many companies no longer define benefits in ways that center on full-time workers. Within a “gig economy” workforce, employers can offer benefit programs to a wider range of people and be flexible in the level of coverage offered. With employers structuring contributions separately, equal access is provided within the open market to contractors, part-time and full-time workers, spouses, and children.

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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

Erik Wissig | Blogspot

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