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Let us help you design the right benefit program!
For most groups, our benefit plan design services include:
- Fact finding about your goals, objectives and strategic direction
- Evaluation and auditing of your current benefit plans, including:
- Commission and rate structure
- Demographics / Networks
- Funding method / Premium contribution model
- Appropriateness of options
- Vendor / carrier effectiveness
- Reviewing important issues and problems
- Surveying employees if desired and preparing detailed results analysis with national benchmarking data
- Determining all viable plan options
- Preparing and distributing product/service Request for Proposals if needed
- Presenting and assisting with RFP results, recommendations and conclusions
See how we help you implement benefit plans.
What about benchmarking?
How do your plans compare with others in your region, industry or nationally? Benchmark studies assist comparisons of common benefit features, average rates, premium contribution schedules, and many other plan characteristics.
We use benchmarking and survey data from your carriers and these sources:
- Abbott Langer
- Atlantic Information Services
- Business & Legal Reports
- Business Institute of America
- Employer's Association of Minnesota
- Kaiser
- Mercer
- Milliman
- Minnesota Department of Health
- Society for Human Resource Management (SHRM)
- U S Chamber of Commerce
- Watson Wyatt Data Services
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