Reshaping Financial Security for the Working-Class with Life Insurance
How a tragic event sparked a new commitment to financial security through accessible life insurance coverage THE STORY: One member of our team received a death claim on a life insurance policy. It was an employer who contacted our team on behalf of an employee’s ex-wife and their two children. He revealed that his employee […]
How Summit Saved a Local University Over Six Figures in Pharmacy Costs
Your partner with smarter solutions for benefits consulting, prescription management, and cost containment to protect your bottom line. THE CHALLENGE: Oral Roberts University (ORU), a prestigious higher education institution, was facing a significant challenge related to rising healthcare and pharmacy costs. The key issue ORU faced was a high-cost prescription medication that had been “lasered” […]
Preventing Benefits Plan Pitfalls
Summit empowers companies to streamline benefits, safeguard the business, and boost employee satisfaction with customized solutions. THE CHALLENGE: A large manufacturing company in Tulsa, Oklahoma, with a rapidly growing and diverse employee base, reached out to Summit Financial Group seeking a more efficient, comprehensive approach to employee benefits and plan management. As a self- insured […]
Creating Equity for Tribal Nations in Benefits Plans
Summit creates innovative solutions that empower Native nations and large organizations to reduce costs and optimize benefits. THE CHALLENGE: Tribal nations face unique challenges in balancing sovereignty with federal and state healthcare regulations. Rising medical costs threaten the sustainability of self- funded tribal health plans, with providers often charging far above Medicare rates. Unequal access […]
Revolutionizing Benefits Management for Large-Scale Operations
Summit’s tailored approach can reduce costs, expand benefits, and help strengthen financial stability for a large-scale organizations. THE CHALLENGE: A government contracting entity operating across 48 states faced significant challenges in managing benefits for over 1,000 employees across multiple subsidiaries. Each subsidiary had unique benefits plans, making it difficult to coordinate healthcare, dental, vision, and […]
Optimizing Benefits for a Leading Oklahoma Youth Organization
Summit’s tailored approach can reduce costs while enhancing benefits and strengthening financial stability for mission-driven organizations. THE CHALLENGE: A prominent Oklahoma-based organization, known for supporting hundreds of youth across the state through agricultural and livestock events, sought a competitive and cost- effective health insurance solution. With a small but dedicated team, they needed a plan […]
Benefits Without a Middle-Man
Summit understands that it is not just about the size of the solution— it’s the precision of the approach. THE CHALLENGE: A large manufacturer with thousands of employees faced significant challenges in controlling healthcare costs. Their self-funded health plan, administered by a major insurer, offered little transparency, restricting access to claims data and preventing cost […]
Providing Employee Benefits Through Strategic Partnerships
A regional bank with branches located across multiple states in the US began the process of expanding their insurance division to become more attractive to prospective clients. At the time, the bank had strong presence in their home state with respect to their Property & Casualty services. However, there became a clear opportunity to enhance […]
Rainmaker Program Brochure
“I’m a Rainmaker because it’s really rewarding and it’s just a hell of a lot of fun.” Fred Ertz Check Out this Summit Resource: https://yoursummit.com/wp-content/uploads/2022/11/22-SFG-003_Summit_Rainmakers_Brochure_k1_lowres-2.pdf
Escalating Pharmacy Costs And Carving Out The Pharmacy Benefit Program
As we near the end of a decade that has seen dramatic increases in healthcare costs, employers’ efforts to curtail their organization’s healthcare spending have ramped up in response. A primary target in these efforts has been pharmacy spending; a subcategory of overall healthcare spending that has risen in cost at a much faster rate […]
