| Over our 70 plus years of providing employee benefit programs for thousands of clients; Employee Benefits by Design has developed a process to target your needs and those of your employees. Our staff of experienced professionals use this time-honed process to gain a thorough understanding of your business and to identify your unique requirements, which enables them to provide you with the most innovative and cost- effective solutions. |
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| Client Needs Assessments |
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Review corporate goals, risk tolerance and financial objectives |
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Gather all information and data, including employee demographics, claim history, etc. |
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Identify benefit design requirements and administrative needs |
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Jointly develop short and long term goals |
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| Analysis |
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Review prior plan’s financial performance |
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Review current benefits and plan design |
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Review utilization of benefits and insurance carriers |
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Identify plan design alternatives |
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Review current funding arrangement |
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Identify alternative funding options |
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Conduct a network feasibility study |
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| Prepare Custom Plan Design |
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Analyze plans received from insurance carriers |
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Negotiate offers with insurance carriers |
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Present marketing results, evaluations of alternative plan designs, financial impact
analysis and funding solutions |
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Present industry comparisons |
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Assess feasibility of electronic employee eligibility data |
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Negotiate insurance carrier savings and service guarantees, if appropriate |
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| Plan Implementation |
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Prepare and/or review employee written communications |
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Prepare employee benefits summaries |
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Conduct employee communication meetings |
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Review administrative materials and procedures |
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Review the accuracy of employee booklets, plan document, master contract
and initial premium statement |
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