Employee Benefit Advisors, Mike Schunk, CEBS

About Us

Looking to control, even lower, your group health insurance costs? Contact me. - I'm a Certified Employee Benefit Specialist (CEBS) who has distinguished himself in the brokerage community by having his work written up in "Best Practices in Compensation & Benefits". I regularly create tax-advantaged health care solutions to help bend the cost curve.

Practice Focus

Certified Employee Benefit Specialist - ability to provide companies with health and welfare benefits in key underwriting and compliance issues; i.e. 1. what they need to know regarding the ACA, 2. how to structure plans using HSA/HRA to lower risk level and increase tax efficiency, 3. how insurance carriers underwrite, 4. evaluate PEO services, 5. DOL compliance and the importance of SPD & Wrap Docs. (25 plus years experience)

PEO vs. Insurance Market - Trying to decide if a PEO is right for you company? If yes, which PEO is the right fit for you? The goal is to first help you decide if a PEO is the correct option for your company. It’s never always yes or no. If yes, we help select and then place/onboard the right PEO. If not, we place you in either fully- or partially-insured health plan.

Tax-Advantaged Healthcare – Several funding options exist under the tax code to allow employers to reduce cost.

Compliance - ACA will bring an increase in DOL audits. Are you ready?

To learn more about how we've benefited our clients go to www.ebafl.com. To learn more about how I can help you contact me at 954.931.9970 or info@ebafl.com.

Specialties: Employee Benefits / Group Health Insurance / Benefits Design / PEO Selection / Tax-Advantaged Healthcare / Compliance for DOL & ACA

The products and services we offer

Employee Benefits

Highly Recommended

"Mike is great at what he does! He provides great, friendly service to his clients and potential..." Read more "Mike is great at what he does! He provides great, friendly service to his clients and potential clients! I highly recommend him if you and your team/ business are in need of employee benefits. "

Highly Recommended

"Mike has been an amazing mentor to me. He is a resourceful employee benefit advisor."

Healthcare Consumption Audit!

Watch our video. - https://youtu.be/bLl-t9XmPUk

Insurance - Employee Benefits

Employee Benefit Advisors, LLC - Michael J. Schunk, CEBS, GBA, RPA, CLU, ChFC - Group Health Insurance, Dental Vision, STD/LTD, etc...

Highly Recommended

"Compassionate, Caring, Hard Working"

Highly Recommended

"Nickie's services are an asset to any organization trying to coordinate its operation - business..." Read more "Nickie's services are an asset to any organization trying to coordinate its operation - business development, administration, etc."

Recent Activity

Mike from Employee Benefit Advisors, Mike Schunk, CEBS Answered this on October 20, 2020

Keeping our country from turning away from capitalism into a socialist-communism style government. That includes accepting Medicare-for-all. A disaster waiting to happen. (more) Keeping our country from turning away from capitalism into a socialist-communism style government. That includes accepting Medicare-for-all. A disaster waiting to happen.

Mike from Employee Benefit Advisors, Mike Schunk, CEBS Answered this on April 30, 2020

I think most of the answers miss the question, which is: "should" they be extended access. - Group plans are less expensive ( I read one reply that said otherwise, that's true if the individual is receiving a subsidy, but those are lower income earners). Multiple Employer Welfare Accounts (MEWA)... (more) I think most of the answers miss the question, which is: "should" they be extended access. - Group plans are less expensive ( I read one reply that said otherwise, that's true if the individual is receiving a subsidy, but those are lower income earners). Multiple Employer Welfare Accounts (MEWA) or Association Health Plans (AHP) are possibilities that if managed properly "should" work for the benefit of those companies (employees or sole proprietors) grouped together. - The response required to explain the problems from past MEWAs/AHPs is to lengthy for this environment. - My answer is "yes" with the caveat that they are properly managed and regulated. And that's another lengthy discussion.

1 Reply

Mike from Employee Benefit Advisors, Mike Schunk, CEBS Answered this on April 17, 2020

They either are or are not. -Look at their life outside of your employment. Are they motivated? If not, they may never be. If they are, why? What motivates them? - Accept the reality they may never be motivate in your world? Maybe in any world. (more) They either are or are not. -Look at their life outside of your employment. Are they motivated? If not, they may never be. If they are, why? What motivates them? - Accept the reality they may never be motivate in your world? Maybe in any world.

Mike from Employee Benefit Advisors, Mike Schunk, CEBS Answered this on January 07, 2020

It's not insurance, however I believe it should require some form of licensing. Several players have been overly aggressive and thus a few state regulators have issued cease and desist orders. - Also, I favor the non-faith based medical sharing companies. A "wellness based" approach allows all to... (more) It's not insurance, however I believe it should require some form of licensing. Several players have been overly aggressive and thus a few state regulators have issued cease and desist orders. - Also, I favor the non-faith based medical sharing companies. A "wellness based" approach allows all to participate. Faith based limits group opportunities. - FYI - My son, college student in CA, is enrolled in a medical sharing plan. Much better option, coverage and cost, than was available though our medical carrier.

Mike from Employee Benefit Advisors, Mike Schunk, CEBS Answered this on December 31, 2019

The key questions are: What do you want to communicate? To whom do you want to communicate? How are you going to communicate it? What is the frequency which you will communicate? There is no set time frame. Obviously you need to review your annually in preparation for your renewal. Beyond that... (more) The key questions are: What do you want to communicate? To whom do you want to communicate? How are you going to communicate it? What is the frequency which you will communicate? There is no set time frame. Obviously you need to review your annually in preparation for your renewal. Beyond that adding specialty programs, i.e. ID theft, pet insurance... - off renewal can help bring attention to expanding your benefit program. To often companies pack everything in a one hour meeting that overwhelms. Plan your roll out strategy. - I teach HR: Compensation & Benefits at Florida Atlantic University in their executive education program for practicing professionals. This is a key component of my class.

Mike from Employee Benefit Advisors, Mike Schunk, CEBS Answered this on December 31, 2019

I provide an HR Library, monthly compliance updates for both HR & Benefits plus the regulatory support for ERISA, ACA, etc... If my clients need to know, I start the discussion. - I also teach HR: Compensation & Benefits at Florida Atlantic University in their executive education program for... (more) I provide an HR Library, monthly compliance updates for both HR & Benefits plus the regulatory support for ERISA, ACA, etc... If my clients need to know, I start the discussion. - I also teach HR: Compensation & Benefits at Florida Atlantic University in their executive education program for practicing professionals.

Mike from Employee Benefit Advisors, Mike Schunk, CEBS Answered this on August 07, 2018

Employee Benefit Advisors’ goal is to help you decide if a PEO is the correct option. It’s never always yes or no. We help place companies in a PEO for the short or long term and we help companies come out of the PEO market. (more) Employee Benefit Advisors’ goal is to help you decide if a PEO is the correct option. It’s never always yes or no. We help place companies in a PEO for the short or long term and we help companies come out of the PEO market.

Mike from Employee Benefit Advisors, Mike Schunk, CEBS Answered this on July 17, 2018

I blog regularly, www.ebafl.com. However my blogs are not suited to your market. That said, I've found blogging to be an excellent marketing tool and has established me as a subject matter expert in my field. The key is to blog regularly and keep it short. Also, it greatly lessens the need for... (more) I blog regularly, www.ebafl.com. However my blogs are not suited to your market. That said, I've found blogging to be an excellent marketing tool and has established me as a subject matter expert in my field. The key is to blog regularly and keep it short. Also, it greatly lessens the need for expensive SEO. The number and frequency of the blogs will boost your profile.

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Mike Schunk