Commission Based Benefit Consulting Services
Most of the employee benefit services that we provide involve the implementation and service of insurance products. These plans are most commonly sold through a wholesale/brokerage distribution system and include broker/consultant compensation in the cost of the product. For this reason, most of our clients elect the commission based method of compensation.
Fee Based Benefit Consulting Services
- Benefit advice and services provided on a fee basis
- Fee based upon the nature of the assignment and the level of the associate required to perform the services
- Fees set on predetermined project and budget
Standard Group Benefit Services Include:
Plan Design Analysis & Recommendations
Funding Analysis & Recommendations
Vendor Analysis & Recommendations
Annual Renewal Review
- Claims Analysis (Including Lag Analysis)
- Simulated Underwriting
- Analysis Of Carriers' Renewal Assumptions
- Analysis Of Renewal's Financial Aspects
- Next Year's Cost Projections
- Plan Redesign Suggestions
- Marketing To Alternative Carriers
Semi-Annual Claims Review
- Claims Analysis (Projected vs. Actual)
- Mid-Course Corrections
Administrative And Technical Support
- Compliance Support
- Administrative Support
- Claims Support
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