Employee / Group Benefits Consulting
Many businesses today face
challenges in attracting and retaining top employees. As a business owner, you
know the importance of employee benefits and their contribution to your
business success. Our licensed consultants will work with companies of all
sizes to develop a program tailored to your specific circumstances. These
products and services are designed to provide solutions to your personal and
business financial needs, including:
Benefit Evaluation and Strategic Planning
- Review of existing plans, needs and trends
- Evaluate various plan options and obtain insurance quotes
- Develop plan designs and financial solutions
- Create long term strategic plan and timeline
- Engage employer in strategic discussions
- Establish employee cost-sharing policy
Budget Cost Control Services
- Analyze current employer benefit costs
- Ensure benefit plan aligns with strategic goals
- Evaluate Insured and Self Insured options
- Create budget spreadsheet outlining annual costs
Product Carrier Selection
- Identify carrier specifications and initiate bidding process
- Analyze carrier responses, plans and costs
- Evaluate carriers, including network accessibility match
- Negotiate with carriers and present options
Merger/Acquisition and National Account Consulting
- Conduct reviews for employee benefit plans including benefit and financial analysis
- Identify areas of conflict and potential liabilities
- Recommend strategies and provide communications for integrating benefits management and human capital processes
- Provide on-going consulting to address "after the sale" benefits management and human capital issues
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Employee Enrollment
- Manage employee enrollment process
- Develop communication plan for open enrollment
- Conduct face-to-face and webinar enrollment meetings
- Produce announcement letters and benefit outline summaries
- Build customized employer website with benefit communication material
Ongoing Benefit Management Carrier Relationship Services
- Review carrier documents and contracts
- Coordinate and distribute booklets and ID cards
- Review Summary Plan Descriptions
- Manage carrier relationships
- Act as liaison between carrier and employer
- Provide customer service representatives for employer's HR staff
- Conduct compliance and document review
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