Employee Benefits That Work For You

Providing competitive benefits isn’t just a perk – it’s a proven strategy to boost employee retention and satisfaction. Our expert team simplifies the process by conduting an annual review of your plan, analyzing market options, and presenting tailored solutions that align with your goals for cost control and employee well-being.

Let us help you build a benefits package that attracts and retains top talent while optimizing your investment.

FULLY INSURED VS. SELF-FUNDING

Fully Insured

A fully insured program is the more traditional way to structure an employer sponsored health plan.

These plans provide predictable costs, minimal administrative responsibility, a wide network of providers and financial protection.

However, they also come with limited customization options, higher premiums, lack of transparency and limited control over benefits.

It’s important to carefully evaluate these factors when deciding on a health insurance plan and determine how it fits into your company’s financial and cultural goals.

Self-Funded

Self-Funding is a type of plan in which an employer assumes the claims liability and pays claims as they actually occur.

Benefits of self funding include; increased financial control and/or savings, full transparency of the plan performance, more creative plan designs and outreach options and fewer regulations and administrative costs.

Drawbacks to a self-funded plan is there is more direct financial risk and employer management. However, purchasing stop-loss insurance protects employers against catastrophic care costs.

Whatever option is right for you, having an experienced benefits firm as your trusted partner is key. We will help you analyze what programs are right for your company.

OTHER WAYS WE CAN HELP PROTECT YOUR BUSINESS

VENDOR MANAGEMENT

TPA Solutions

When considering a self funded option, selecting the right Third Party Administrator (TPA) is key. We will place your group with one of our preferred TPA partners so we can maintain oversight

Stop Loss (Reinsurance) Protection

As part of your self funded program, this protects employers from catastrophic claims by capping the financial liability and giving peace of mind with a max out of pocket amount.