Delivering Results, Eliminating the Noise
Strengthen your workforce with tailored benefits that align with your goals and deliver measurable value.
What Sets Us Apart
Innovative Insurance Solutions
No Templates. No Industry Slop. Real Results.
Large retail brokerages continue to rely on the same rinse‑and‑repeat renewal process—bundled plans, auto‑renewals, zero accountability all while increasing their pay. Employers are handed the same template with the same inefficiencies baked in. We uncover savings hiding in plain sight—and we guarantee it.
The Problem With Templates
Standardized brokerage templates overlook the granular cost‑management opportunities buried inside bundled healthcare plans. This isn’t an opinion—it’s a structural flaw your broker cannot dispute. When every employer receives the same spreadsheet, the same carrier options, and the same renewal story, the result is predictable: you overpay, and Wall Street wins.
The Landscape Has Changed—Your Strategy Should Too
The employee benefits market has shifted dramatically in recent years in ways that benefit employers, not the Big 4 carriers.
A Healthcare death spiral has been occurring for years in this country. WHY- HINT 10,000's of employers have already left the Big 4 Carriers fully insured "set it and forget it" plans and their level funding products creating a high-risk pool. This is an emerging story. Has your Agent ever educated you that Healthcare Service Companies have been hiding their profits within their subsidiaries and those companies have been exploding with profits? Let us provide you the research.
Why Aren’t You Using Better Options?
Alternative funding through privately owned Third‑Party Administrators (TPAs) works for thousands of employers nationwide yet nearly every employer we engaged never met with a Private TPA previously. So, the real question is: Why aren’t you using it at your company? If no one has ever shown you how these models work—or why they outperform bundled carrier products—that’s not an accident.
Ask Yourself
How much choice and flexibility do you truly have when you’re handed the same insurance template every year? How can you effectively manage and control one of your company’s largest expenses without a TPA —the answer is you cannot. Our programs analyze claims at the member level and provide real‑time data and insight all year long. Industry noise keeps employers confused, compliant, and unaware of better options. That’s by design.
We cut through the noise. We bring data, fiduciary accountability, and measurable outcomes—not carrier talking points. And we show you what your current broker can’t (or won’t) reveal.
Our Unique Process
Rethinking Your Health Plan: A Common‑Sense Call to Action
The Truth About Big 4 Health Plans
Your Big 4 (BUCA) health plan is built on a model that keeps employers in the dark about how rates are calculated and where plan dollars are actually being spent. Without real‑time transparency, you’re forced to accept whatever renewal increase shows up—
no questions, no clarity, no control.
Why this matters.........
If you don’t know:
- Where your money is going
- Which claims are driving cost
- How your plan is performing in real time
…then you cannot make mid‑year adjustments to protect your budget or your employees.
That lack of visibility isn’t an accident. It’s the business model, YOUR BROKER KNOWS THIS.
The result.....
Without the ability to proactively manage volatile claims or course‑correct during the year, employers end up burning their employees’ money—and the proof is right there in the compounding interest‑style renewals you receive every year.
Employers feel stuck, this too is by design. This is why costs keep rising.
This is why transparency‑driven HEALTH INSURANCE solutions matter.
YOUR BROKER CANNOT DISPTUTE THIS FACT.
THE SAME SOLUTIONS LARGE EMPLOYERS ARE USING ARE NOW AVAILABLE TO SMALL AND MIDSIZE EMPLOYERS; And, if your broker hasn’t brought it up, that’s not an accident.
Questions Every Employer Should Be Asking
1. Start with the basics:
- “Why aren’t we using real cost‑control strategies, proactive claims oversight, and the many tools and vendors available in today’s marketplace?”
A broker who is truly aligned with your financial interests should be able to answer that immediately.
2. Then go deeper:
- “How many of your clients are using a TPA or Alternative Funding Solutions outside the Big 4 carriers?”
Their answer reveals whether you’re working with: A transactional agent who simply renews your plan each year, or A fiduciary‑advisor who actively seeks out proven savings strategies, aligns with your bottom line, and spends your money like it's their own.
3. And if they say they do have clients using alternative funding:
"Ask why isn’t our company participating or Ask Why haven't we been offered the same opportunities?
What Your Broker Doesn’t Want You to Know.....
Here’s a fact that surprises most employers:
TPAs will manage groups with as few as 4 employees.
If small employers can access transparent pricing, proactive claims management, and modern cost‑control tools… why are so many mid‑sized and large employers still trapped in Big 4 fully insured and level‑funded programs?
Because the carriers know something most employers don’t:
There is massive overspend built into fully insured and level‑funded plans.
Enough overspend that carriers can:
- Profit handsomely
- Keep premiums rising
- And still appear competitive
Meanwhile, employers and employees absorb the cost—year after year.
The Bottom Line
This isn’t about blame. It’s about common‑sense stewardship of your employees’ money and your company’s resources.
You deserve:
- Transparency
- Data‑driven cost control
- Proactive claims oversight
- Access to the same proven strategies other employers are already benefiting from
And you deserve a broker who brings these solutions to you—not one who waits for you to ask.
"Employers owe it to their people to demand integrity, transparency, and education from their brokers. Because when brokers act as true fiduciaries, employees thrive, and businesses save." FACT.
"Agents who fail to treat healthcare as a manageable expense for employers—like workers’ comp or business liability claims—provide minimal overall value to employers". FACT.
We understand common-sense stewardship. Employers deserve transparency. Employees deserve protection. And Employers deserve a partner who treats your plan like it's their own money on the line. OUR VALUES.
Distinctively Different
How our solutions distinguish us from traditional commercial retail brokers and agent conglomerates.
- We apply true risk management rather than mere policy placement
- Comprehensive risk assessments/ AI Driven health risk modeling
- Allied Advocate- proprietary claim and cost management strategies 96% savings from billed charges in 2023
- Enhanced Case Management Services- Targeted Claims management for high impact cost control- Full Transparency into every invoice dollar spent
- Monthly and Quarterly claims reporting with trigger claims to reduce costs in real time and at annual renewals unavailable with Big 4 (BUCA) templates
- Benchmarking
- In-person/zoom meetings with our team, TPA’s/ Private Insurers who have a vested interest in employer outcomes and employee paycheck preservation- over Wallstreet interests
- Limiting our clients we are accessible after hours to deliver a best-in-class customer service experience
- We provide full transparency of our fees and commissions
- Health Premium Savings Guarantee for eligible employers
- 40+ Pharmacy Benefit Managers
- 40+ National and Regional Network Partnerships-No disruption to employees
- Personalized service, the way it should be—no 800 numbers, just a team that knows you.
Our Services
We provide a comprehensive suite of insurance consulting and risk management services. Our offerings have delivered tangible benefits in real-world situations, include but are not limited to:
- Health and Welfare Plans- Employee benefits design and administration services
- Site visits- (in person) enrollment meetings/process terms & new hires-onboarding /COBRA/ Website/ Integrated Enrollment Technology/HSA / HRA
- Custom branded Employee Benefits Booklets
- Total Compensation Statements
- Benchmarking/ AI Underwriting/ Health Plan Data Analytics Reporting/ HR & HCM Technology Consulting/ On-boarding/ Staffing/ Enrollment Technology
- Identify and evaluate risks
- Comprehensive audits of your insurance programs (a review of existing/recent policies or set-up, ERISA compliance, 5500 filings, Section 125, DOL Audits/ Missed Filings, wrap and plan documents, PCORI/ 10955 A/B, adequacy of coverage/coverage limits, deductibles/retention levels/existence of warranties, concurrency of coverage duplication or gaps in coverage, suitability of forms and financial stability of insurers)
- Renewal Programs
- Loss forecasting (the estimation of Ultimate Expected Future Losses based upon present value equivalents of historical losses and projected exposures)
- Verification of audit calculations, Dividend Plan calculations, Retrospective Rating Plan Calculations
- Contract/lease review- to determine assumed & transferred liabilities
- Monitoring of insurer security /collateral
- M&A Transaction due diligence
- Preparation of insurance data for CPA audits
- Annual Stewardship reports
- Claims Management Oversight
- Risk Engineering and Loss Control Services (including worker safety/health, OSHA compliance, Fleet risk control, Premises/Product/Services risk control, Chemical environmental risk control, Third party Liability risk control Disaster Plan Development
Strategic Alliances
Direct appointments and chosen brokers allow Parthenon and Partners to gain strategic insight and expertise with access to substantial global risk management markets, involving more than 100 insurers giving us leverage designed for maximum impact over bespoke retail brokerages.
As our valued client, you don’t just receive service—you gain a partnership built on exclusivity, tactical flexibility, and unparalleled market intelligence. Your position with us ensures that every decision is backed by deep industry insights and tailored solutions designed for maximum impact because actively managing your costs is not passive process, nor is it a once-a-year discussion.
- Employee Benefits Administration
- Insurance Products
- Expert Level-Self Funding Insurance Solutions- (our specialty)
- ERISA Compliance TEAM
- Life Insurance
- Hard-to- Place Niche Insurance Solutions
- Personal Insurance Solutions for High Net Worth
- Asset Protection
- Retirement Products
- Benchmarking & Compliance
- Employee Recruiting
- Superior Human Capital Management Payroll/HR Technology
- Human Resource Services
- 401k
- HR Compliance
- Risk Management
- Workers Comp
- Cyber
- Property /Casualty
- Liability
- 5500 Filing
- And more.......
Our Mission
Distinguish yourself from the competition with knowledge, character, wisdom and integrity.
"Customers have options, so we give them a reason to choose us as their partner".
Products
Parthenon Employers Service partners have experience placing coverage and manuscripting verbiage on a wide variety of insurance contracts and noninsurance products. Program designs using these contracts are many and diverse. A few examples include “all things employee benefits” fully insured, alternative funding (our specialty) health, dental, vision, STD, LTD, Accident, Cancer, Life, Dep. Life, as well as, layered & quota-shared property plans, loss limit property plans, loss-sensitive casualty programs (single-and multi-lined) and tailored management liability programs.
- Commercial Property, Builder’s Risk and Flood
- Commercial Inland Marine
- Commercial Crime and Surety / Bonds
- Commercial General Liability
- Commercial Auto, Transportation and Transit
- Workers’ Compensation
- Commercial Umbrella and Excess Liability
- Directors & Officers Liability, Errors & Omissions Liability and Employment Practices Liability
- Fiduciary / Pension Trust Liability
- Foreign Liability
- Ocean Cargo
- Political Risk – Kidnap & Ransom, Trade Credit
- Finite Risk / Loss Mitigation
- Captives, Risk Retention Groups
- Political Risk- Kidnap & Ransom, Trade Credit
- Finite Risk
- Captives, Risk Retention Groups
Compliance & Solutions Corner
"There is no one size fits all when it comes to your business".
Today, while many businesses are satisfied with statements like “they provide us a great service,” such feedback—though positive—is not the same as delivering quantifiable results. Shouldn't your team strive to achieve both exceptional service and measurable outcomes?
We specialize in visually highlighting previously overlooked employee benefit renewal opportunities, some of which may span over a decade. Consider what your brokerage and carrier histories reveal about potential missed opportunities.
We invite you to arrange a complimentary assessment. Our goal is to provide you with the assurance that your organization is effectively safeguarding your employees’ incomes—an achievement that can substantially boost your ability to attract and retain top talent when clearly communicated.
We also believe that your hard-working employees deserve a “second opinion.” Below, you will find a sample introduction letter designed to offer transparency in your internal decision-making processes.
Would you like to discuss further ways to enhance how your benefits strategy is communicated both internally and externally?
Here is a sample introduction letter:
Dear Employee,
This year, we conducted a professional accountability review of our longstanding brokerage partner, [Retail Name Here]. Despite the consistently excellent service provided over the years, we determined it was essential to execute an impartial forensic analysis—evaluating our expenses, carrier track record, employee health risks, and other critical factors—to ensure our strategic direction remains robust. (Contact us for further information and your free consultation.)
Expert ERISA Compliance Services
Our expert back-office ERISA Compliance team has been at the forefront of delivering comprehensive compliance solutions. We offer a full spectrum of services, including:
- Annual 5500 preparations and filings
- Missed filings and corrections
- DFVCP
- DOL Audits
- MEWA & M1 Compliance
- Non-Discrimination Testing
- PCORI Compliance
- POP Premium Only Plan Documents
- Wrap Plan Forms/SPD
Your compliance is our utmost priority. We mitigate your risk by ensuring that our ERISA compliance services stand up to rigorous Department of Labor audits. Unlike many firms that rely on generic, downloaded templates or enrollment platform wrap documents, we take your compliance very seriously—understanding that penalties, in extreme cases, can range from $4,540 to nearly $9 million.
Schedule Your Introduction
Let Parthenon Employers Service guide you through the complexities of business solutions and ERISA compliance. We cover all associated costs and dedicate our expertise to ensuring your operations are both efficient and compliant. Schedule an introduction with us today and discover how we can help secure your organization’s success.
Dedicated Partner Support
At our core, we believe that collaboration is key to success. Our partners work closely with our clients, ensuring that their needs and goals are fully understood and that our solutions are tailored to meet their unique requirements. We take a client-centric approach to everything we do, and our partners are fully committed to providing exceptional service and support every step of the way.
With our team of established partners, we are able to offer a level of expertise and knowledge that is unmatched in the industry. We take pride in the fact that we can provide cost-effective solutions to our clients that are tailored to their specific needs. Whether you are a small business owner or a large corporation, we have the resources and expertise to help streamline systems and processes, save time and money and achieve your goals.
We believe that our success is directly tied to the success of our clients, and that is why we are so passionate about what we do. Our partners are committed to delivering the highest level of service and support, and we are constantly striving to improve our processes and techniques to ensure that we are always at the forefront of industry trends and advancements.
In short, if you are looking for a team of partners with the expertise you need to achieve your business goals, look no further than us. We are dedicated to providing our clients with the best possible service, and we are confident that we can help you achieve success in everything you do.
Methodology
Established Partners with the Expertise You Need!
We pride ourselves on using exclusive tools and techniques, including internal Q&A discussions, surveys tools evaluations to identify areas for improvement. Our strategic partners have a proven track record, with some having over 30 years of experience, many holding advanced degrees, and all having received specialized industry-specific training.
Our partners are carefully selected based on their expertise in their respective fields, which allows us to offer a wide range of services to our clients. From IT solutions, risk management, retirement to employee health insurance benefit strategies, we have the knowledge and resources to help businesses of all sizes achieve their goals. Our partners are not only experts in their fields, but they are also committed to staying up-to-date with the latest industry trends and advancements. This ensures that our clients receive the most innovative and effective solutions possible. We believe that our partnerships are key to our success, and we are proud to work with the best in the business.