Standard Services - Benefit Plan

Specializes in the small to large companies

Marketplace presence ensures maximum negotiability of rates and liabilities for renewals and any plan changes considerations

Consulting Services

Strategic Planning

• Identification and prioritization of corporate objective for the plan
• Integration of the plan into the overall compensation program
• Development of a 3-5 year strategy.

Review of Current Plan

• Analysis of the historical cost
• Detailed review of the existing plan design
• Analysis of the funding mechanism including cash flow, risk transfer and fixed cost
• Comparison of plan performance to corporate objective

Development of Potential Alternatives

• Flexible Benefits Program
• Managed care network analysis
• Vendor Analysis
• Benefits Carve-out opportunities

Ongoing Financial Management Services

• Claims Experience review
• ERISA compliance ( Form 5500, Summary Annual Report)
• Benefits Trend Monitoring
• Legislative monitoring and interpretation

Day To Administrative Services

• Claims Problem Resolution
• Billing Problem Resolution
• Coverage Interpretation

Renewal Activities

• Negotiation with current vendors
• Development of bid specification and analysis of proposal

Implementation Support

• Communication
• Associate/member meeting
• Administrative support and procedural review

Ad Hoc Services

• Special Project consulting
• FAS 106
• Retirement Healthcare Strategies