Security Industry
Today we are looking at another industry in our educational series for employee benefits advisors. Let me show you where the opportunities are within the security guard industry.
Right now, there are over 1.4 million security guards employed in the United States, and the average age of a security guard is about 44 years old.
Why is that important?
When discussing health insurance, most of these security guards aren't "young and invincible." They’re at an age where they need to stay on top of their health. They need affordable access to quality care.
It can be very challenging to find access to quality care when the average salary for a security guard is just under $32,000. It doesn't matter what state you live in; that salary does not justify a $400-$600 monthly premium for your health insurance.
I've worked with a few security guard companies over the last 18 months that had no idea they're an applicable large employer, meaning they have 50 or more full-time employees or full-time equivalent employees. They're subject to ACA filing and reporting, and they don't understand that.
Most major medical brokers have been selling fully insured plans for most of their careers. They haven't had to know the importance of the ACA employer mandates because they're always offering a plan that checks the box of both Penalty A and Penalty B.
The employers in the security guard industry need your help. If you're looking for new opportunities, and a way to generate new revenue while helping more people gain access to affordable health care, this is undoubtedly one of the industries you should look in to.
Let's schedule a time to talk. I can show you how to get in front of these folks and have meaningful conversations with them.