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SERVICES
Services
Overview
We
are passionate about improving healthcare and retirement benefits
solutions through the application of design, strategy and technology. Our
experts bring deep understanding of needs of employees, employers,
underwriters, administrators and providers. By taking an integrated view
of the healthcare market, we help you efficiently manage your costs and
provide valued services that will help you evolve and sustain a long term
benefits strategy.
Health, Disability, Life, EDLI
and Overseas Travel Benefit
Analysis,
Risk Management and Design of Benefits Plan
- Analysis
and evaluation of existing benefit plan based on demographics,
utilization, claims and growth
- Surveys
on benefits/costs across industry verticals
- Evaluate
pricing on diagnosis related group( DRG)
- Design
and implementation of preventative healthcare plans
- Service
and product analysis of insurers, health services organization and
third party administrators.
- Risk
minimization measures
- Claims
projection
- Benefits
plan design – preventative, secondary and interventional
healthcare plans
Risk Transfer & Financing
If you are large in numbers (eligible members),
insurance is not the only solution for financing your healthcare costs.
You could manage these costs efficiently by evolving a plan that could
potentially minimize your long term costs of funding health risks.
- Opting
for Self funding – Limits, taxation and payout planning
- Insurance
- design, selection and negotiation
- Co-pays
- Deductibles
- Cost
analysis – premium and claims
- Analysis
of the options proposed
- Placement
- Tax
implications
Benefits
Administration
- Self
funded and Insurance plans
- Evaluation
and selection of HSOs or TPAs
- Cost
- Benefits analysis of HSO vs. TPA
- Reporting
process
- Service
deliverables
- Escalation
- MIS
Policy Administration and Review
- Documentation
: Master Policies and endorsements
- Periodic
review of the benefits plan
- Liaise
with insurers and service provider to monitor service
levels compliance
- Account
statement on premium
- Review
of claims process / claims costs
- MIS
- Renewal
Process
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