LevelFunded Health - known as the “Trivago” of the health insurance industry because it uses tech to save mid-market businesses millions of dollars per year on health insurance costs – has added 2 heavy hitters to its all-star roster. “The additions of Robert Kilpatrick and Jim 0’Brien as Dallas-based strategic advisors not only solidifies our commitment to helping the auto industry save money on health care for its employees, it also reinforces our commitment to bringing onboard the best in the business to help our clients save money on health care for themselves and their employees,” says LevelFunded Health CEO Russ Carpel.
Robert Kilpatrick has been in the auto industry his entire life. He joined a private equity group with more than $1 billion under management and rose to the partner in charge of the automotive vertical. Since then, he’s established a private equity group managing $250 million dollars that purchased more than 80 distressed franchised dealerships representing most manufacturers. . “Margins are being compressed at auto dealerships and I am excited about LevelFunded because it’s the first technology I have seen that gives the dealers the opportunity to compare health plan offerings and save on premiums,” Kilpatrick says. “Tech lets you compare prices for life insurance, auto insurance and the like and now we can do it with health insurance. Not to mention that LevelFunded uses a flat fee model and not the status quo broker system where commissions are based on premiums.”
Jim O’Brien is a licensed health insurance provider who has more than two decades of experience in Financial, Business and Estate Planning for high net worth clients. He also has extensive experience with Employee Benefits Programs from working for a Top 20 US Insurance Brokerage Firm. Jim also brings a perspective and significant breadth of knowledge to any employer organization of 100 to 5000 employees that is looking for a move to a SAAS model full employee life cycle implementation for employers considering outsourcing payroll, benefits and HR support. “I have always been solution oriented and now we have discovered a solution for small and medium sized businesses across many verticals to keep insurance costs down while adding important benefits,” Jim says. “LevelFunded is well positioned to help thousands of companies across the United States and I look forward to contributing.”
Level Funded Health is a national, tech-enabled commercial health insurance distribution platform focused on level and self-insured benefit programs for middle market employer groups nationwide. LFH immediately saves mid-market businesses anywhere from $100,000 to $2 million plus per year on health insurance costs, while simultaneously improving employee benefits, EBITDA, debt ratios and exit valuations. LFH works with over 60 A-rated (AM BEST) national insurance carriers (medical stop loss & fully insured) to commoditize the commercial medical benefits sector nationwide.
Find more at www.levelfunded.com and to arrange interviews please contact Russ Carpel at 312.719.9028.