What is your strategy for hiring and retaining top talent for your organization? Research from Glassdoor found that “more than half (57%) of people said benefits and perks are among their top considerations before accepting a job, and four in five workers say they would prefer new benefits over a pay raise.”
We are here to collaborate with your organization so that it’s healthy, sustainable, and competitive as it can be starting now, into the future.
Comprehensive Group Benefits
Health
Prescription Drugs
Dental
Vision
Life/AD&D
Health Savings Accounts
Flexible Spending Account
Long Term Disability
Short Term Disability
International Benefits
Business Travel
Voluntary Benefits
Special Risk
Employee Assistance Programs
Long Term Care
Scopes of Services
Group Benefits Expertise
Medical, Dental, Vision, Short/Long-Term Disability, Long Term Care, Critical Illness, Accident, Cancer
Home/Auto discount programs
Discount programs
Direct provider contracts
Pharmacy Benefit Managers
Retirement plans and Executive retention plans
Annual Budgeting, Renewal Management/Negotiation, Actuarial Analysis
Review, negotiate and finalize vendor rates
Prepare and provide consulting for suggested contribution/cost sharing
Risk identification and targeted condition management programs using
Model employee contribution scenarios.
Stop loss/reinsurance feasibility for self-insured plans
Plan change impact analysis, including enrollment and demographic shifts
Strategic Planning and Forecasting
Forecast budget and employee cost sharing
Recommend metrics that can be used to measure the effectiveness of plan changes and cost containment programs
Provide solutions to address health plan spending and to simplify administration
Recommend population health management strategies
Monthly Meetings, Client and Member Service and Support
Regularly meet to discuss cost containment initiatives and review plan performance
Interact with carriers on plan changes, amendments, PBM changes, and plan document updates
Review all carrier materials: SBC’s; Carrier/TPA benefit grids, SPD’s, installation documents
Intervention on billing, claims, eligibility, clarifications of plan terms
Oversee implementations/renewal changes with vendors
Communications, Member Support, and Open Enrollment
Explain benefits to employees and provide examples of expenses paid by the plan
Draft/prepare communications, including:
Employee Benefits Statements
Conduct open enrollment meetings
Benefit Guides
Open Enrollment presentations
Annual required notices
Compliance and Regulatory Affairs
6055/6056 reporting support
Compliance review
Tips and advisories on new legislation, interim and final regulations, and court decisions
Affordable Care Act and DOL compliance
Reminders and samples of required notices
Technology Solutions
Suggest systems to automate routine tasks
System capabilities include:
Time and Attendance
Leave Management
Compensation Management
ACA Compliance
Payroll
Benefits administration
Performance management
On-boarding