About Us

Niche Benefits is an Affiliate of Hadelman & Associates, Inc. and was started in July of 1990. The company, initially, was involved in the managed care market and later became intimately involved, at broker/employer/client requests, in the strategic planning and creation of the full spectrum of benefit offerings to meet a growing need in the employer marketplace to provide solutions in a very costly environment. The rising number of uninsured that are employed and the rising number of part time workers has required “new” thinking and planning in respect to benefit solutions for those employed in these categories of employee eligibles along with the rest of the employment work force.

The Company experience, covering more than 35 years, includes the full range from operating companies to consulting for companies to designing benefit options for companies that has allowed it to bring together the most creative and appropriate approach for the employer.

Niche Benefits has been asked to solve very complex benefit offerings that brokers have brought to it such as: 1099 contractors, associations, special employer/employee relatonships and so forth.  The solutions accomplished have been very well accepted in the marketplace.

Overall All – the factors that are affecting the employer:

• rising benefit costs -
  • Solution (s) - Integrate alternative benefit programs with appropriate design options – Mini-Medical/Limited-Medical/Supplemental, Self insurance/Reinsurance, Consumer Driven and/or Fully Insured Benefit Plans - with optional benefit offerings
• employee retention -
  • Solution (s) - benefit offerings and employer commitment for the quality employee
• decreasing margins -
  • Solution (s) - reducing benefit plan costs by creating benefit designs and options to protect the company's financial exposure while educating and making available to the employee appropriate benefit offerings and their participation in those decisions and costs.
• no control of the costs -
  • Solution (s) – making the employee participate in the cost decisions affecting all aspects of benefit costs – not just health plan benefit costs.

Core Elements:

• design effective benefits and reduce benefit costs
• maintain and, where possible, improve quality options
• meet eligibility and participation requirements
• offer a number of benefit options at the level of affordability for the employer and its employees
• Reduction of administration requirements
• making benefits available to the largest number of employees
  

Hadelman & Associates specializes in the "Niche Benefit" marketplace offering original plan designs, implementation and oversight. The various benefit and option products offered are backed by, at least, "A" rated A.M. Best Companies.

Hadelman & Associates typically works with brokers that have employer clients of of 100 or more employees. However, the Company does work with smaller employers when the commitment to the success of the benefit program will be apparent. Solutions designed are dependent upon the type of industry, demographics profile, and number of employees participating, employer contribution levels, claim utilization experience when required, carrier offerings within that market place and whether the employer will make a contribution ot the benefit offering. Participation levels are usually directly dependent upon the employer commitment to the benefit offering through marketing and contribution levels, if provided.

Besides making available the Niche Benefit Program (s), Hadelman & Associates also provides many other consulting services with associates - please see www.managedhealth.com.