United Insurance and R.J. Grondin & Sons:
From excavators and rock crushers to dump trucks and dozers, Larry Grondin and his team has invested millions of dollars in construction equipment for this earth moving business. As critical as his machines are to the success of his company, Larry knows that without skilled employees to operate them, they’re completely useless.
With the market for experienced construction equipment operators, surveyors, and supervisors tighter than ever, Larry and his team work hard to create a positive work environment. That means putting safety first and supporting his employees with ongoing training, competitive salaries and comprehensive benefits. Since 2018, R.J. Grondin & Sons has trusted Stephanie Morse and United Insurance to deliver a health insurance plan that he can present with pride to his 134-person team.
“Our crews work hard and take a lot of pride in what they do,” Larry says. “They’re also in high demand, so a big part of my job is to make sure they feel good about working for us and they keep coming back. Quality health insurance at an affordable price is important to our crews, but I don’t have time to find the best deals between all the different carriers out there. Stephanie Morse does all that legwork for me, presents the top options, helps me understand the pros and cons of each plan, and helps me make the best possible decision for my company and my team.”
Stephanie helped Larry convert from a traditional insurance program to a self-funded plan where unspent/unrealized claims funds remain with his company, not the insurance carrier. Self-funded insurance plans also reduce administrative costs, have lower premium volatility, and generate additional cost savings by helping R.J. Grondin & Sons avoid Maine state insurance premium taxes. “The plan we developed for Larry is a great example of the alternate funding strategies we seek for all our clients,” Stephanie explains. “By prioritizing wellness, contracting directly with providers, and implementing value-based care, my team and I can deliver real savings and better benefits programs.”