Benefiq Sample


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Client presentation introducing Benefiq along with some member discount products...

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Benefiq Sample

  1. 1. Information contained herein my be confidential and covered by non-disclosure. Some names and trademarks used herein may be registered trademarks of their respective owners and are use for description purposes only with no intent to infringe. Copyright © 2008 Benefiq LLC. All rights reserved worldwide. Unauthorized duplication, distribution or use is not permitted and will be prosecuted to the maximum extent possible under applicable laws. 1
  2. 2. Who is Benefiq?  We are a leading provider of lifestyle enhancement, private label credit card and supplemental insurance membership programs to consumers, employers, agents and membership organizations  We deliver our programs using a blend of proprietary technology, world class support infrastructure and market leading supplier network for a fully personalized, turn key offering  Privately held company headquartered in Phoenix, AZ and led by an experienced management team with more than 30 years of industry experience 2 2
  3. 3. Our offering  Benefiq offers membership programs, branded credit cards and voluntary insurance services tailored to lifestyle needs of various constituents:  Consumers  Employers  Membership organizations  Insurance agents  Internet portals  Each one of the programs offered by Benefiq is available as a monthly subscription offered to selected partners with the intent to enhance daily lives, improve existing coverage and increase value 3 3
  4. 4. Complete benefits platform Lifestyle Benefits Voluntary Insurance Branded Credit Cards 4 4
  5. 5. Voluntary Insurance  Turn key solution for groups looking to offer easy to administer voluntary insurance programs:  Term Life Insurance – 10, 15, 20 and 30 Year Terms  Permanent Life Insurance – Lifetime Coverage  Cancer Insurance – Money for Emergencies  Critical Care Insurance – Dollars for Heart Attack, Stroke, etc.  Accident Insurance – Money for Fractures, Burns, Emergency Care  Short Term Medical – For Elimination Periods and COBRA Alternatives  Student Medical Insurance – For employees with college bound children  Completely hands off, Web-based with self enrollment  No HR or other administration, no payroll deductions, plans are individually owned and portable. No change in premiums. 5 5
  6. 6. Lifestyle Benefits  Alternative Medicine  Long Term / Elder Care  Vision Care  Medical Supplies  Medical Health Advisor  Funeral Protection Plan  Chiropractic  Medical Records Storage  Roadside Assist  Medical Travel Assist  Auto Maintenance  Shopping Service  Counseling  Fitness Advantage  Home Security Systems  Nurse Hotline  Flowers For All Occasions  Identity Theft Protection  Diabetic Supplies  Legal Services  Travel Reservations  Personal Wellness Online  Vitamins  Interstate Moving  Dental Care  Real Estate  Magazine Service  Pharmacy Discounts  Tax Help Line  Dining Discounts  Family Consultation  Home Repair  Movie Tickets  Hearing Aids  Theme Parks  Financial Help Line  Credit Repair and Tutoring  Golf Savings  24x7 Medical Hotline  Hotel Savings  Recreation Discounts 6 6
  7. 7. Sample Product Offering.... The next few slides show the offering on Teladoc’s website. You will find that we are able to bundle packages to create a more competitive and value added offering. 6 7
  8. 8. When bundled with just a few Benefiq products, this fee can be waived! 8
  9. 9. When bundled with just a few Benefiq products, this fee can be waived! 8
  10. 10. When bundled with just a few Benefiq products, this fee can be waived! 8
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  14. 14. Journal of the American Medical Association 12
  15. 15. While we are showing Lifelock here in the next slide...however, just last week we contracted with Merchant Services to offer their Identity Theft Protection plan, which is better than Lifelock and pennies on the dollar in comparison. 6 13
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  17. 17. Cost with Benefiq Partners will include the Family in all our pricing. When bundled, you’ll save MORE. 15
  18. 18. Delivery methods  Benefiq services are delivered directly to consumers or employees/members through a fully personalized Web site as either  Voluntary – where enrollment requests are processed as a result of member solicitation  Non-Voluntary – where enrollment costs and solicitations are made part of a membership materials and associated fees  Members can join, cancel or update their membership using self-service enrollment screens  All membership materials (booklets, cards, call center and member communication) are branded and deliver in a consistent manner  Online reporting assures timely tracking of enrollment and attach rates for voluntary enrollment programs 14 16
  19. 19. Economic value proposition  BENEFIQ services are delivered at “member only” costs, combining heavily discounted subscription with additional savings not available to retail customers  Example “bundle” price comparison: Service BENEFIQ Price Standalone Price TelaDoc Included in Bundle Online - $5-$10/month and $35 consult fee NO CONSULT FEE Legal Aid Included in Bundle Pre Paid Legal Services Inc. - $25/month NO CONSULT FEE for new matters Lifelock Included in Bundle LifeLock - $10/month per individual Each adult is $10/month $2.50/child Sample $12 /month (This is a plan design for a $45-$60/month + $35 Consult fee per pricing smaller group of around 10,000. The pricing occurrence drop’s significantly with larger numbers. 15 17
  20. 20. Thank You 18