Safety In Numbers

With a goal to deliver tangible savings for employers and modernize needed benefits for employees with high expectation, Safe Harbor Health guarantees immediate measurable financial savings for all. We find out more from Co-Founder, and Chief Executive Officer, Mike Murray… named CEO of the Year 2021 – Boston MA, USA.

The TOTAL Wellness Program offered by Safe Harbor Health is a voluntary employee benefit program also known as “WIMPER” a Wellness Integrated Medical Plan Expense Reimbursement. This preventive care, mental health, and chronic disease management program offers digital care solutions, available through an app on your smart phone, that can be implemented alongside any health plan to help both employers and employees save money on healthcare expenses and taxes virtually instantly.

Exploring the program extensively, it’s clear to see the benefits that this program can bring to both employers and employees.

By helping employees prioritize physical, mental, and emotional health, the TOTAL Wellness Program profoundly improves employee satisfaction, recruiting, and retention. The TOTAL Wellness Program averages a 77% participation rate.

Employers that implement the TOTAL Wellness Program save an average of $523 per participant per year in FICA Taxes. Participating employees save an average of $150 per month in FICA taxes by agreeing to participate in the plan. Employees can then use this $1,800 per year tax saving to add additional employee benefits of their choice, with no change in their take home pay.

Employees can also enjoy complimentary digital medical services via the dedicated app that saves them money on things from health products to eliminating large hospital bills while improving overall health. Employers can lower claims through improved wellness of their group and increased data collection, stand-alone RX programs and affordable care locators.

Overall, Safe Harbor groups and members can reduce healthcare spending significantly, which can make a noticeable difference in someone’s life.

Mike Murray is the Chief Executive Officer of Safe Harbor Health and he told us more about the company through his eyes. Mike emphasized the importance of building a strong and dedicated team that he can trust and rely on.

“From a leadership point of view, I find that it’s important to know and be able to jump in at any level. To be able to complete tasks that you ask others to do,” he begins. “Understanding that everyone has strengths and to focus on those strengths while understanding where their talent lies and to focus their attention there helps. Delegating tasks to people who can complete the assignment means I can focus my attention on the research that will make us grow rather than trying to do everything myself.”

Mike co-founded Safe Harbor Health in January 2019 along with Ryan Herlin. Both men are award-winning insurance professionals from the Boston area and have been serving the healthcare needs of businesses of all sizes nationwide for more than 30 years combined.

The company caters to clients who fall into the medium to large employer group bracket. It reaches these clients largely by connecting with insurance brokers and financial advisors who are actively pursuing the same clientele. However, the firm’s clear differentiator is the generous savings that can be acquired from implementing the Total Wellness Program.

“This is why brokers and advisors see so much value in bringing our program to their clients, it gives them the opportunity to show employees products they really want, and the tax savings makes their offerings virtually free to the employee,” Mike says.

The team at Safe Harbor Health is a tight-knit unit which meets often and makes decisions together, based on everyone’s unique perspective. “No one has all the answers so having a solid team is critical,” Mike elaborates. “Almost anything can be taught but if I had to pick the qualities we look for it would be integrity and work ethic. We have a lot of fun together but we get things done and I believe that’s part of our success.”

Like any other company, there are challenges and obstacles which have to be faced from time to time, and Safe Harbor Health is no different. One particular challenge for the company and the team is introducing a system that hasn’t been seen before, except in small trials over the last few years. Even though some are reluctant to change, Mike has experienced continuous opportunities as Safe Harbor Health becomes more well known.

Mike shares, “There are always things that can make our business grow if we just stop and evaluate the track you’re on and where you need to go. We have a macro vision for our company, but in the short term, our goal is to scale the program more aggressively with a national campaign.”

Recently, Mike was recognised by CEO Monthly for his involvement with the company, being awarded the eminent title of CEO of the Year 2021 – Boston Massachusetts. “We have exciting plans to enhance the value proposition of Safe Harbor Health Mike says, when a company liberates its creative power, that’s when it becomes limitless.”

We look forward to seeing what he does next.

For business enquiries, contact Mike Murray from Safe Harbor Health on their website – www.safeharborsavings.com