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How to Grow Your Professional Employer Organization

Growing your professional employer organization requires a client-focused plan combined with well-managed financial organization. But how can you overcome the challenges that can arise?

A new WEX Health infographic takes a deeper look into growing your PEO Business by boosting revenue, consolidating accounts, and enhancing your competitiveness in the market.

Learn more about how WEX health can help you Leverage Consumer Directed Health Accounts, Increase Consumer Engagement and Efficiency, improve your standing with clients and their users, deliver superior value, and offer peace of mind.

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How to Grow Your Professional Employer Organization

  1. 1. HOWTOGROW Y O U R WaystoGrowYourPEO BusinessWith WEXHealth Offerpeace ofmind EstablishBrand Awareness Call today to learn more about how WEX Health and our Partners can help you simplify the business of healthcare. 952.908.9056 www.wexhealthinc.com © Copyright 2016. Evolution1, Inc. d/b/a WEX Health. Sources: 1. https://www.businessgrouphealth.org/pressroom/pressRelease.cfm?ID=263 2. 2014 and 2015 Year-End Devenir HSA Research Reports 3. http://www.evolution1.com/healthcare-trends-institute/hsa-contributions-on-the-rise/ 4. SHRM Strategic Benefits Survey, 2014 5. WEX Health Benchmark Data, 2015 6. PEO Sales Challenges Survey by PEO Consulting Group Dec 2015-Jan 2016 The top 25% of WEX Health Partners experience consistent growth year-over-year WEX Health Partners retain 90% of their employer customers Powering more than 200,000 employer groups and servicing 17M consumers Deliver superiorvalue Youcan't competeon pricealone OVER 1/3 of PEOs say differentiation is hard6 With healthcare reform, employers need a trusted benefits advisor more than ever World-class security, Compliance and fraud protection, and 99.999% uptime Easily apply your unique identity to private label the solution for clients 54% 87% 2011 2016 57% 76% 2009 2014 13.8MILLION 2014 HDHPsGrowing Popularity 87%of employers plan to offer high deductible health plans in 20161 76%of employers offered wellness incentives to employees in 2014, up from 57% in 2009. Of those, 38% contributed rewards to HSAs, HRAs, or HIAs422%increase in HSA enrollment from 2014 to 20152 40%of HSA enrollees hold onto accounts for at least 3years3 HSA Contributions ontheRise HSAsHelp WithAccount Retention 40% 3 YRS+ Consolidatebenefitsforyou ANDyourclients • One Platform • One Login • One Portal • One Mobile App • One Card • One Experience IncreaseConsumerEngagementandEfficiencies In 2015, the WEX Health platform facilitated more than 48MILLION consumer portal and mobile application logins, driving efficiencies and essentially saving millions of calls into service centers5 On average, consumers on the WEX Health platform log into their portal or mobile application 1.5 TIMES PER DAY 5 PARTNER WITH A LEADER LEVERAGE CONSUMER DIRECTED HEALTH ACCOUNTS TO YOUR BENEFIT A partnership with WEX Health arms you with everything you need to custom-tailor the perfect healthcare benefit administration solution to suit your individual client’s needs, consolidate your consumer-directed health (CDH) accounts, and grow your business. THE CHALLENGES: • Expanding your healthcare benefit offerings and retaining clients • Consolidating your product and service offerings into a single platform • Differentiating your offering while keeping up with changing healthcare landscape OUR SOLUTION: WEX Health has a single platform for all consumer-directed health accounts including: FSA, HSA, HRA, Commuter, and Wellness Incentives. 1.5/DAY 2015 16.7MILLION EST. 2018 30MILLION 1 BOOST REVENUE by owning and expanding CDH accounts 2 CONSOLIDATE ACCOUNTS One CDH platform simplifies access and increases engagement 3 COMPETE MORE EFFECTIVELY Set your PEO apart and gain share LOGIN PASSWORD LOGIN PASSWORD YOURCOMPANY