Employee Benefits
Plan Design & Consulting
- Custom benefit plan recommendations tailored to the company’s size, industry, and budget
- Cost-benefit analysis of different plan structures (e.g., fully insured vs. self-funded)
- Benchmarking against industry standards to ensure competitive offerings
- Guidance on voluntary benefits like dental, vision, disability, and life insurance
Carrier Selection & Negotiation
- Researching and recommending the best insurance carriers
- Negotiating with carriers for the best rates and coverage options
- Managing renewals and negotiating cost-saving strategies
Compliance & Regulatory Support
- Ensuring compliance with ACA, ERISA, COBRA, HIPAA, and DOL regulations
- Support for Form 5500 filings, non-discrimination testing, and summary plan descriptions
- Educating employers on legislative changes that impact benefits
Employee Education & Enrollment
- Hosting open enrollment meetings, webinars, and one-on-one consultations
- Providing digital and printed benefits guides for employees
- Offering decision-support tools to help employees choose the right coverage
Technology & HR Support
- Implementation of benefits administration platforms for easy enrollment and management
- Integration with payroll and HR software
- Support for HR teams with benefits-related questions and administration
Wellness & Cost-Containment Strategies
- Designing wellness programs that promote employee health and reduce claims
- Offering health savings accounts (HSAs) and flexible spending accounts (FSAs)
- Analyzing claims data to identify cost-saving opportunities
Ongoing Support & Advocacy
- Assisting employees with claims issues and benefit-related concerns
- Conducting annual plan reviews and making recommendations for improvement
- Offering HR consulting and ongoing compliance updates