Brown & Brown of LV Employee Benefits Broker Services & Capabilities

Transcription

1 Brown & Brown of LV Employee Benefits Broker Services & Capabilities

2 The following is a summary of the services Brown & Brown of Lehigh Valley provides to our Employee Benefits clients. Each client is taken through a detailed assessment which allows us to learn all aspects and the current status of the organization. We meticulously review all of the current in force plans, policies and practices in place. Our dedicated and passionate team members along with our certified consultants will develop an immediate and long term action plan. We research and examine all of the tools and resources necessary. We will coordinate and develop a timeline meet our goals and measure our achievements. Together with your organization we will develop a custom integrated solution, the road map for success. STRATEGY The development of a comprehensive blueprint for the future of your employee benefits is essential for continued success. In order to accomplish this, a series of strategic planning meetings and communications must be held throughout the year. To implement a viable game plan these meetings should include but not be limited to: Detailed Risk Assessment and Review Funding & Plan Options Comprehensive review of all policy renewals, plan utilizations, market trends Health Care Reform Timelines Set a timeline of target dates for installation of new programs and policies Discuss employee engagement, goals, and objectives

3 SERVICES Brown & Brown's Employee Benefits Department offers a wide range of services to support all of our clients' needs. We take pride in being a 'One Stop Shop' for all of your employee benefits and human resource functions. Our team is made up of dedicated and passionate people who are always ready to assist with: Employee Enrollment, Enrollment Meetings Administrative Support Claims Assistance, Analysis & Review New Hire & Termination Changes Renewal Negotiations Voluntary Benefits Benchmark Analysis Human Resource Support COBRA Administration

4 COMPLIANCE In the increasingly complex world of workforce management Brown & Brown provides certified specialists and attorney to keep our clients complaint. Some of the services that we provide to our clients are: ERISA Audits & Checklist, Fiduciary Review, Department of Labor Rules & Regulations Healthcare Reform Audits and "Pay or Play" Calculators COBRA, HIPAA & FMLA Compliance Assistance Wrap Document Preparation Form 5500 Preparation

5 Self-Funding Plan Administration We utilize the transparency and control that self-funding offer to your advantage. Brown & Brown is fortunate to have medical actuaries on staff that can go to work for your organization. We also utilize programs that help identify gaps in care and potential high risks. We utilize our industry size and strength to negotiate on your behalf. Some of the key elements to managing a selffunded plan are: Actuarial Services Population Health Management Programs Network Adequacy & Provider Discounts Captives Care Management Prescription Drug Management Funding Arrangements Consortiums

6 Human Resource Technology Benefits Administration technology provides employers the mean to interact with employees quickly and efficiently. Brown & Brown has developed relationships with several industry leading Human Resource Information Technology vendors. Each vendor offers a different levels and platforms to suite any business's needs. We assist group in selecting the technology that is the right fit for the organization. Employee Onboarding & Life Changing Events Carrier & Payroll Integration Compliance Tools Private Exchanges

7 As consultants and benefits brokers, we develop a long term strategic plan to offer the highest level of benefits and control costs. To start, we would like to go through a detailed questionnaire and assessment to develop this strategic plan. Together we will thoroughly review all aspects of your Human Resources and Employee Benefits programs. This plan would be executed and accomplished through the coordinated effort of your staff and Brown & Brown's Employee Benefits teams. We will be continuously working to offer exceptional service and drive down cost. We Rise To Any challenge.

8 L E H I G H V A L L E Y PJ Vrabel, GBA Benefits Consultant Brown & Brown of LV, LP 3001 Emrick Blvd, Suite 120 Bethlehem PA,