Press Releases

Jewelers of America Partners with MJM Global Brokerage Group for Health Care Benefit

It enables JA members a reduction in health care costs through JewelersHealthCare.com.

Published

6 years ago

May 29, 2019

INSTORE Staff

(PRESS RELEASE) NEW YORK – Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, has announced a partnership with MJM Global, a provider of reliable insurance for all types of commercial and personal risk to the jewelry industry, to offer access to health care options for its retail and supplier member companies. Through this partnership, JA members now have access to a simplified enrollment process and affordable health care plans for as few as two individuals.

“We know accessing competitive health care rates and administrating health plans for small to mid-size jewelry businesses is a major challenge. We believe MJM Global has provided the right solution that will benefit employers, employees and their families. This new member benefit could be a game changer for Jewelers of America Members, because health care management is becoming increasingly expensive and complex to navigate, and JewelersHealthCare.com removes these obstacles,” says Jewelers of America President & CEO David J. Bonaparte.

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JewelersHealthCare.com, launched by MJM Global, offers services beyond health care plans. Through the offering, jewelry businesses can see immediate savings, experience simple enrollment, and understand their true cost of health care.

• Offering more health care coverage solutions for as few as two individuals
• Reducing health care costs for their business, employees and families, including lower out-of-pocket expenses
• Providing transparency on the true cost of health care
• Offering flexible benefits and wellness solutions
• Simplifying the process of enrolling in health care for both the employer and employee
• Receiving an average of 8-12% savings with all plans at or lower than Affordable Care Act (ACA) open market

MJM Global launched JewelersHealthcare.com to help the jewelry industry see significant savings on one of their largest business expenses, and turn an otherwise complicated health insurance buying process into an easy system. MJM Global serves the insurance needs of more than 3,000 businesses, professionals and households throughout the United States and abroad and is a member of the Independent Insurance Agents of America (IIAA) and the National Association of Professional Insurance Agents (PIA).

“Ninety-seven percent of Americans do not know what their insurance covers, and the process of shopping for and enrolling in coverage remains a significant burden to employers and employees. This partnership between Jewelers of America and MJM Global offers a solution to jewelry companies looking for access to competitive insurance rates,” explains MJM Global Insurance Vice Present Richard Reiman.

Jewelers of America will be hosting an informational webinar on June 13, 2019. Jewelers of America Members should visit, https://www.jewelers.org/ja/page/healthcare to learn more about the webinar and JewelersHealthCare.com.

Family Legacy, New Chapter: How Wilkerson Turns 89 Years of History Into Future Success

After 89 years of serving the Albany community, Harold Finkle Your Jeweler faced a pivotal decision. For third-generation owner Justin Finkle, the demanding hours of running a small business were taking precious time away from his young family. "After 23 years, I decided this was the time for me," Finkle explains. But closing a business with nearly nine decades of inventory and customer relationships isn't something easily managed alone. Wilkerson's comprehensive approach transformed this challenging transition into a remarkable success story. Their strategic planning handled everything from advertising and social media to inventory management and staffing — elements that would overwhelm most jewelers attempting to navigate a closing sale independently. The results speak volumes. "Wilkerson gave us three different tiers of potential goals," Finkle notes. "We've reached that third tier, that highest goal already, and we still have two weeks left of the sale." The partnership didn't just meet financial objectives—it exceeded them ahead of schedule.