 |
Benefit
Watchs long-standing relationships with insurance companies enable
us to offer comprehensive service packages and numerous options for financial
planning when providing employee benefits.
Once we understand your objectives, we design a program
tailored to meet your corporations specific needs. We present to
you a plan that incorporates the latest cost containment measures while
providing your employees with health care coverage that protects their
well being.
Then, were there for you with ongoing, day-to-day
administrative assistance, and provide you with annual reviews of benefit
structure and cost.

Verify that your current benefit package is satisfying its intended
objectives.
Determine whether the program complies with government rules, such
as section 79 or 125 of the Internal RevenueCode.
Evaluate the current programs competitiveness from a cost
and benefit perspective.
Determine whether cost reductions or benefit increases can be achieved
through alternative funding methods.

Define your companys objectives.
Evaluate the types of plans that best satisfy these objectives.
Determine the feasibility of Flexible Benefit Cafeteria programs.
Design plan provisions with specific emphasis on managed health
care.
Evaluate funding alternatives.
Prepare the data necessary for the underwriters quotation
of insured plans.
Select and negotiate with the insurance carrier(s) or the administrator
of a self-insured plan.
Prepare and discuss a report outlining the plan provisions, cost
summaries and benefit illustrations.
|
|
 |