Health & welfare benefit programs are under significant scrutiny today as employers respond to escalating healthcare costs, unacceptable levels of employee dissatisfaction, regulatory pressures, competitive benefit pressures, and the failures of managed care. The challenge is to find the balance among employee satisfaction, cost, and quality, while adding value through these benefits.
We work with companies to help them evaluate, redesign, and manage their health & welfare benefit programs, design pricing strategies, select healthcare delivery systems, and develop risk management and funding approaches that best suit the companies' employee populations and overall human resource strategies.
Health & welfare benefits services include:
- Plan performance management/claims reviews
- Prescription drug benefit program reviews
- Retiree health diagnostic
- Active and retiree health plan design, funding, and taxation
As well as:
- Actuarial analysis
- Health plan financial reporting and data analysis
- FASB 106 and 112 analysis and valuations
- Vendor selection assistance
- Administrative process analysis
- ERISA, COBRA, HIPAA, and FLSA compliance services (in cooperation with legal counsel)
