Before I became a Benefits Advisor, I used to own a remodeling business with my twin brother. While we did much of the work ourselves, we also acted as the General Contractor.
And after doing it enough, three common themes emerged for success:
- Control - For the homeowner, this meant setting a budget. Otherwise, the project could spiral and no one is happy when they spend more than anticipated.
- Align - This meant using experts when needed. There's value in being a jack of all trades but hiring the right subcontractors means getting a complicated job done on time and on budget.
- Reward - The happiest homeowners were the ones who loved the final product. There is no better reward than that.
Fast forward to my Benefits career and I learned the same principles hold true for creating the best health insurance benefits package. Curious how I'll tie this all together? Watch the video above.
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About the Author
Mike Kroupa, Self-Funding Insurance Expert
I grew up in a house that was constantly under construction and the experience helped me uncover one of my passions, remodeling. After running a successful remodeling business with my brother during college, I decided I wanted to keep this as a hobby. Instead, I took my advisor’s recommendation and started down the actuarial path, which ultimately led me to insurance.
Since then, I have focused my career teaching employers how to better manage their health insurance plans. I found myself frustrated year after year of doing the same thing because it didn’t feel like I was making an impact. Healthcare costs were continuing to increase, and it felt like the only options employers were left with was increasing deductibles, increasing contributions, and switching carriers.
There was a turning point for me in 2020 as I found Health Rosetta, an ecosystem for scaling adoption of practical fixes to our health care system. As my clients started adopting these fixes, I found myself getting passionate about what I was doing for the first time. Then I realized my hobby of remodeling was driving the passion because I was remodeling health plans. Even better, I was having an impact because patients (employees, spouses and children) were getting the best care they ever have and saving a lot of money in the process.
Get in contact with Mike:
Phone: 630.738.1835 Email: mkroupa@gocgo.com LinkedIn: Mike Kroupa