Your Advisor Shouldn’t Be a Generalist
Summit specializes in plan analysis and design to provide optimized solutions for your business and employees, so you never have to wonder if you’re getting the most out of your retirement benefit. THE CHALLENGE: With the bank’s growth and purchase of multiple branches, they wanted to provide a more robust overall benefit with enhanced matching, […]
Empowering Families Through Strategic Long-Term Care Planning
Summit’s strategic long-term care advice proved invaluable, providing financial relief and dignity to a family in their time of need. THE CHALLENGE: In 2003, a husband and wife, previously thriving in Oil & Gas, faced financial challenges in retirement. They were confronted with a necessary move to a senior living community after a failed back […]
Financial Freedom Through Long-Term Care
How strategic long–term care planning ensured financial independence for one person, preserving their legacy, while owing over $350k toward end-of-life care. THE CHALLENGE: In this personal journey, Summit witnessed the challenges of financial freedom when facing end of life care needs. Gene and Peggy were a couple thriving into their late 50s. Following his retirement […]
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 […]
