Health In Tech, Inc. · NASDAQ:HIT
Health In Tech — Self-Funded Solutions for the 1099 Workforce webinar (October 2024)
24 slides from Health In Tech's conference presentation, Oct 1, 2024
Slide 1: Self-Funded Solutions for the 1099 Workforce
ae A \ Ro —, | | ~>o5= » LIVE-WEBINAR VIA ZOOM TUESDAY, OCTOBER 1, 2024 11:00 AM CDT SELF-FUNDED SOLUTIONS FOR THE 1099 WORKFORCE Health In Tech is offering brokers the opportunity to expand their portfolio and serve the untapped 1099 market with its self-funded program— designed specifically for bu
Slide 2: Welcome
Welcome hit . arrayhealth
Slide 3: Agenda Overview
Agenda Overview • 1099 workforce dynamics • Health Solutions • How these offerings can elevate your brokerage services Keith Vohwinkel Daran Wyckoff Matthew Kelley • Polls SVP, Sales SVP, Sales President Health In Tech Health In Tech Array Health • Q&A
Slide 4: Poll #1
Poll #1 What is your primary goal for attending this webinar?
Slide 5: Health In Tech
Health In Tech Keith Vohwinkel Daran Wyckoff SVP, Sales SVP, Sales Health In Tech Health In Tech
Slide 6: Who We Are
Who We Are • Health In Tech specializes in simplified, customizable health plan solutions for brokers. • About eDIYBS • Partnership with Array Health: We’ve partnered with Array Health to create flexible benefits solutions for 1099 employees.
Slide 7: What Is A 1099 Employee?
What Is A 1099 Employee? 1099 employees are independent contractors, not traditional employees. Definition and key characteristics: • They fill out IRS Form 1099 to report their earnings. • Self-employed individuals and sole proprietors fall under this category. • 1099 workers have flexibility in sc
Slide 8: Why should 1099 workers matter to Brokers?
Why should 1099 workers matter to Brokers? Because many employers are increasingly using 1099 workers to fill skill gaps or meet project- specific needs.
Slide 9: Health In Tech's Solutions for 1099 Employees
Health In Tech’s Solutions for 1099 Employees • Affordable group health insurance options designed to mirror benefits offered to full-time employees. • Ancillary Coverage: Dental, vision, life, and disability insurance options are available, offering comprehensive care. • Our eDIYBS platform simplif
Slide 10: Poll #2
Poll #2 How many of your clients currently employ 1099 contractors?
Slide 11: Array Health
Array Health Matthew Kelley President Array Health
Slide 12: Array Health Who We Are
Array Health Who We Are Level-Funded and Self-Funded solutions designed to keep expenses low and improve health outcomes, all while preserving benefits. • Benefit Administration & Claim Adjudication • Integrated • Premium Billing & Consolidated Billing • Plan Design, Consulting & Compliance • Plan A
Slide 13: Why Offer Benefits to 1099 Employees?
Why Offer Benefits to 1099 Employees? Because the workforce landscape is changing.
Slide 14: Array Health Why Offer Benefits to 1099 Employees?
Array Health Why Offer Benefits to 1099 Employees? • The gig economy is growing, and 1099 employees are in demand. • Offering benefits to 1099 employees helps your clients attract top-tier talent and retain them for longer. • Differentiates your clients’ businesses and makes them more competitive. •
Slide 15: Array Health What Brokers Need to Know
Array Health What Brokers Need to Know • The growing presence of freelancers and contract workers in the U.S. • Employers need help integrating these 1099 workers into their organizations. As brokers, you play a critical role in advising your clients on how to offer benefits to these contractors, en
Slide 16: Who Qualifies as an Independent Contractor?
Who Qualifies as an Independent Contractor?
Slide 17: Array Health Who Qualifies as an Independent Contractor?
Array Health Who Qualifies as an Independent Contractor? Fair Labor Standards Act (FLSA) guidelines on independent contractors: • Independent contractors have more control over how and when they work. • They are responsible for their own taxes, equipment, and benefits. • If unsure about classificati
Slide 18: Array Health List of Common 1099 Workers
Array Health List of Common 1099 Workers • Freelance writers and editors • Construction Workers • Graphic designers • Uber and Lyft drivers • Web developers • Artists and musicians • Consultants • Healthcare practitioners (independent • Independent sales representatives nurses, physical therapists)
Slide 19: Array Health Benefits Available to 1099 Employees
Array Health Benefits Available to 1099 Employees Health Benefits: •Group Health Insurance, •Health Reimbursement Arrangements (HRAs) •Health Stipends Wellness Benefits: Stipends for gym memberships, yoga classes, meditation apps, etc., to support both physical and mental health. Remote Work Benefit
Slide 20: How Array Health Supports Brokers
How Array Health Supports Brokers Matthew Kelley President Array Health
Slide 21: Poll #3
Poll #3 What is your biggest challenge in providing plan options for your clients' 1099 workforce?
Slide 22: Q&A
Q&A hi+ . arrayhealth
Slide 23: Poll #4
Poll #4 Which benefit would be most valuable to your clients in a 1099 healthcare program?
Slide 24: Thank You for Joining Us!
Tuesday, October 1, 2024 • 11:00 AM CDT Self-Funded Solutions for Thank You for Joining Us! the 1099 Workforce For more information following Presented by Health In Tech and Array Health today’s webinar, contact: Keith Vohwinkel Daran Wyckoff Matthew Kelley SVP, Sales SVP, Sales President Health In
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