A broker’s work doesn’t only impact the financial wellbeing of a company. It often has a profound effect on the health and welfare of employees and their families. When these moments arrive, will you and your broker have worked together adequately to ensure employees have all the coverage and support they need?
Our benefits consultation help companies research, procure, dispense and manage benefits packages. We work internally as part of a team to advise our clients about available benefits, vendors and costs.
Our employee benefits consultants are highly knowledgeable of various plan designs for health insurance, voluntary plans, and ancillary benefits. Federal and state governments enforce highly regulated standards for certain benefits, such as health insurance. Our employee benefits consultants can help employers implement compliant packages and documentation and adjust these materials as needed when laws change.
If you already offer benefits but are looking to make a change
We provide an analysis of existing benefits and claims, including advice on future plan changes and areas for potential cost savings. Advice on changes to benefit packages based on employee demographics, previous utilization rates, and pricing models.
This may involve carrying out in-depth competitive benchmarking to determine the role of specific benefits in recruiting and retaining employees. They may also help companies find the right balance between risk and reward when it comes to offering an attractive benefits package.
Benefit Plan Design Analysis
No matter the size of your business, a deep evaluation of your existing health plan and employee benefits is invaluable to finding the right strategies and tactics to achieve organizational goals.
Just about all health plans can be evaluated in some way, and we make it easy to get the answers you need. What are you already doing right? What areas could be improved? Without setting a baseline, it’s impossible to answer these important questions, much less develop a strategic plan for future success.
We developed a Health Plan Assessment process which helps us get our clients in position to meet the goals of their benefit strategy.
Many of our clients have seen tremendous results. We will show you where your plan is strong, and where you may be overlooking significant opportunities for improvement.