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Our Services
FILLING A NEED
The employee benefits arena is not only in constant turmoil, but changes as frequently as federal and state legislative sessions change.
Most executives or management personnel are not
professionally trained in employee benefits, and
 most do
not want to be. Most executives do not have the time or want to spend it
listening to different insurance presentations, yet they want to be kept
informed on what is happening in employee benefits.
When you encounter problems in your employee benefit plan, whether they be financial, claims, billing, or benefit interpretation, someone
has to solve them. Employee benefits advice should be received from someone independent and unbiased, not from an agent who works directly for
an insurance company and has their own interests in mind, not yours.
REVIEW YOUR IN-FORCE PLANS:
Benefit Networks will constantly compare alternatives and make recommendations, at least annually (and more frequently if necessary);
we will undertake review of the following:
- Employee participation in benefit program to determine effectiveness.
- Financial standing of the in-force plan
- Current year financial picture and renewal formula to assist in rate renewal discussions
- Employer contribution
- Effect on current plan
- Allocation of greatest benefit
- Advantages/Disadvantages to employees and employer
- Current plan compared to marketplace
- Recommended changes or additions to plan
GOING TO BID
Whether as a result of being unable to negotiate benefits or costs with existing carrier(s) or as an interest in competitive bidding,
Benefit Networks will design a set of "Bid Specifications" and send them to interested insurance carriers. These specifications
will assume a wide view of the insurance marketplace and provide valid, specific bids. The adoption or rejection of final benefit levels
will be solely at your discretion. All preparation, duplication, and mailing costs will be incurred by
Benefit Networks.
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