ARLINGTON, VA—Hospitality Benefits, a hospitality marketplace for employee healthcare and benefits, announced today a strategic partnership with the American Hotel & Lodging Association (AHLA) and the formation of the Hospitality Benefits Consortium.
The Consortium is uniting hotel companies into a broader buying consortium providing AHLA members with enhanced healthcare purchasing power, exclusive savings from medical carriers, compliance support, and a proactive asset management approach to healthcare cost containment.
“As AHLA continues to grow its membership to represent nearly half the entire hotel industry, we are constantly challenging ourselves to find new ways to offer exclusive and valuable benefits to our members,” said Katherine Lugar, president, and CEO, American Hotel & Lodging Association. “By uniting our industry into a broader buying consortium, this exciting new partnership with Hospitality Benefits will help drive industry healthcare costs down, offer discounted plans, and provide turnkey solutions for both large and small hotel companies alike that tailor to the unique nature of the hospitality industry and workforce.”
Hospitality Benefits’ Consortium is geared to the hospitality industry and was designed with hospitality input, hospitality health data, and more than 40 years of hands-on hospitality experience. In addition to proprietary carrier discounts, the platform provides Tier I network access for fully and self-insured health plans and voluntary benefits. There is 24/7 multilingual concierge center to help employees navigate the health care system, real-time reporting to mitigate health cost risk and compliance and enrollment support to help employees “right size” their benefit choices.
Fred Malek, CEO, Hospitality Benefits said, “We have a team of expert benefit specialists and senior hospitality HR executives who understand hospitality operations and the diverse high turnover workforce. And now, an incredible partnership with AHLA to improve the health of the industry, to support hospitality HR teams, and to actively manage health care costs. With the Consortium’s increased buying power, hotel companies can access pricing, care, and cost management programs previously only available to larger companies in the world.”
Malek added, “Over the last six years, hospitality companies have been immersed in building out compliance proficiency. With most up to speed and compliance obligations reducing, the industry now has a great Consortium opportunity to take control and to actively influence this enormous health cost center to makes employees better off and to enhance hotel profits.”