ANALYSIS, DESIGN & MANAGEMENT

ATTRACTING TALENT

Investing in your employee benefit programs may be one of the best competitive moves you can make. Top-performing organizations understand the crucial role that benefit programs play in attracting and retaining high-performing talent.

Labor pools today are comprised of distinct generations, each with differing needs and time horizons. Our job is to help your organization align your benefits programs with the demographics of the population and your employment strategy. After an analysis of your current plans, including a comparison to benchmark data, we will customize a benefits program that fits your organization’s objectives.

UNIQUE OPTIONS

There are many alternatives available in the market that, when put together in the right framework, can create a competitively-priced comprehensive health and welfare program. No more guesswork. Just clear, simple solutions based on data and the needs of your employees.

We use innovative options for primary medical coverage, such as:

Health Savings Account (HSA) Plans

Tax-advantaged savings accounts available to employees enrolled in a high-deductible health plan and used to pay for qualified medical expenses.

Health Reimbursement Account (HRA) Plans

Employer-funded plans that reimburse employees for specific out-of- pocket medical expenses.

HMO or EPO Plans

Limited, in-network only plans

Level Funding

health plans that combine the savings potential of self-funding with the predictable cash flow of a fully insured plan.

Medical Expense Reimbursement Plans (MERPs)

Customized plan designs layered onto high-deductible, fully-insured or self-funded plans

Minimum Essential or Limited Benefit Plans

Plans that meet ACA regulations and cover limited benefits or indemnity reimbursements.

CARRIER & VENDOR MARKETING

Marketing your benefits to the insurance community and third-party vendors requires carefully crafting your business strategy and communicating your goals and objectives to each carrier and vendor.

Your company’s business has a story, and we share that story in the form of a professionally written Request for Proposal or RFP. We want insurance carriers to understand what you are trying to achieve so they will provide year after year protection at an affordable cost.

Strategic Benefit Solutions maintains close professional relationships with insurance carriers and service providers to bring our clients the best and broadest range of options. We dig beneath the surface of every high-risk claimant and provide detailed information to our carrier partners to ensure your group will be represented as a favorable risk to avoid unnecessary over pricing.

We create a comprehensive marketing proposal to Include:

Medical

Group Long-Term Disability

Wellness

Group Short-Term Disability

Dental

Group Term Life & AD&D

Executive Benefits

EAP

Vision

Prescription Drug Programs

401(K)

AFTER ENROLLMENT, THE REAL JOB BEGINS

There are many alternatives available in the market that, when put together in the right framework, can create a competitively-priced comprehensive health and welfare program. No more guesswork. Just clear, simple solutions based on data and the needs of your employees.

PLAN MANAGEMENT

We consult regularly and have valuable relationships with our carrier partners. We review detailed claim utilization, by diagnosis, to understand shock, aggregate and disease-related issues and work together on case management and disease remission. We determine the best way to underwrite your plan using a variety of funding methods. As your Consulting Broker, we meet with you on a regular basis, and at least quarterly, to discuss costs, trends and ways to mitigate further expense in controllable areas.

We believe it is equally important to provide you benchmark data on your group’s health costs, plan designs and contributions to compare how you rate next to national, regional and local statistics and competition. Our hands-on, proactive program management prevents renewal surprises and allows us to develop progressive strategies far in advance of your renewal.