Consulting Services

Click on any of the following for more information

Our Consulting Services | Existing Employee Benefit Programs | Program Management | Employee Communication

 


 

Our Consulting Services
Group Benefits Consulting works as an advocate for our clients. We operate as an extension of your human resources department in conjunction with insurance providers, claims administrators, retirement providers and other corporate advisors. In an effort to be clear about our services, we consider the following a list of the consulting and brokerage deliverables for our clients:

  • Establish New Employee Benefit Programs
  • Establish benefit goals & objectives to match the corporate philosophy
  • Develop plan design options and benchmark with industry norms
  • Provide projections on employee benefit and  retirement costs
  • Explore alternate funding methods that meet overall corporate objectives and risk tolerance
  • Provide an in-depth Market Analysis of your current Employee Benefit requirements and make recommendations.
  • Roll out new plan through unrivaled employee benefit communication
  • Deliver administration package and provide education and support

 


 

Existing Employee Benefit Programs

  • Review benefit goals & objectives to ensure they match the corporate philosophy
  • Develop plan design options and benchmark with industry norms
  • Explore alternate funding methods that meet overall corporate objectives and risk tolerance
  • Annual renewal review of claims history and trends along with premium negotiations
  • Provide an in-depth Market Analysis of your current Employee Benefit requirements and make recommendations.
  • Consult on Tax Effective employee benefit programs that can be placed in lieu of a pay increase.
  • Employee communication and employee benefit value added statements itemizing the real costs for an employee.

 


 

Program Management

  • Assist your group administrator in the day-to-day workings of the benefit program
  • Assist your group administrator in utilizing administration software provided by the insurance carrier, if applicable
  • Assist in any claim problems which may arise
  • Provide quarterly or semi-annual review of the benefits program with company officials and group administrator
  • Consult on information regarding changes in the marketplace
  • Review and analyze claims experience information, trends and demographic adjustments provided by your insurance carrier
  • Ensure that the current insurance carrier remains competitive
  • Test the marketplace to ensure that the current pricing is competitive
  • Outline/communicate tax changes or other government changes that affect your program
  • Assist in avoiding any duplication of coverage with respect to government changes or programs, i.e. Workers Compensation, Employment Insurance, Pharmacare  and Canada Pension Plan
  • Aid in the  registration process with the Provincial Pharmacare Programs if applicable
  • Ensure retirement plans meet the CAPSA guidelines.

 


 

Employee Communication

  • Educate employees on the group benefit plan offered through their employer as it pertains to protecting the employee and their dependents from the Financial Risk of a Death, Disability, Critical Illness, Health & Dental expenses and Retirement Funding
  • Conduct enrollment meetings and financial seminars
  • Design announcement memos and benefit detail summaries
  • Educate employees about the benefit program and the costs
  • Provide on-going communication of benefits to employees i.e. annual meetings regarding the benefit program