
Strategic Franchise Services, Inc. was founded in 2001 as a subsidiary of Strategic Healthcare Initiatives to provide cost effective alternatives to the high cost of group and individual health insurance. Over the last three to four years, the group health insurance plans have increased annually in double digits, placing unprecedented financial pressures on American businesses and employees. As a result, the number of uninsured in the United States has climbed to over 43 million.
Healthcare accounts for nearly 15 percent of the nation’s gross national product, or an average of $6,500 per person. Employers and individuals are searching for alternative, lower health benefit options, or dropping coverage altogether.
SFS has developed three cost effective, health benefit products that offer substantial savings for organizations and individuals:
Physician Choice Plan-This Medical Savings Card option provides the member and family with access to a nationwide PPO network of physician and ancillary providers for outpatient medical, vision, dental, pharmacy, and hearing services. Members save 10 to 40 percent or more on the various products and services.
Hospital Choice Plan-This Medical Savings Card option provides the member and family with access to a nationwide PPO network of hospitals, plus physician and ancillary providers for inpatient services, outpatient medical, vision, dental, pharmacy, and hearing services.
Preferred Choice Access- This option includes all the benefits of the above two products plus a “fixed reimbursement” indemnity insurance plan that pays the member or the health care provider for inpatient hospital and/or surgery services.
SFS markets it products through such organizations as local and state chambers of commerce, non-profit organizations, physician clinics, and trade associations.
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