Using risk to control costs
The biggest reason client’s come to us to discuss their benefits package is to control costs. Costs can accelerate out of control due to a number of factors such as increased utilization and inflated rates from carriers. Hidden in those factors are savings opportunities for anyone who knows how to analyze employee risk. Our team can help you identify your risks, then quantify and prioritize them so that you can get the coverage your people deserve, with better long-term cost certainty.
Working intelligence
Our approach is to design long-term strategies based on your overall goals, which might include improving employee health, participation or productivity. We begin by evaluating plan performance, identifying cost drivers, conducting benchmarking, and forecasting potential outcomes to make intelligent decisions to improve the bottom line.
Improved performance
It’s no secret that poor behavior leads to elevated health risks and chronic diseases, which drives rising healthcare costs. We can change that cycle with customized programs that empower employees to make smarter choices, giving them a sense of control over their lives and their health. Employees that feel better work harder, stay longer and positively impact morale - all of which will boost your financial performance.
Reduce exposure
Keeping up with the complex and ever-changing requirements that come with healthcare today is a constant challenge. Rather than put that heavy load on HR, rely on our compliance team to track the on-going regulatory changes for you. We provide ongoing communications, tools and a timeline to make sure you are always in compliance to avoid unnecessary exposure and penalties.
Expand resources
By integrating technology into benefits processes, we allow you to increase your resources without having to add to staff. Our innovative solutions enhance human resources functions, helping optimize your benefits program and communicate information out to employees. And our service model includes three levels of support to ensure that not only your day-to-day needs are met, but that we have a long-term benefits strategy in place. When you’re looking for ideas of how to offer the best package possible,
talk to to the Seubert benefits specialists.
Your benefits package is an important part of your employee compensation plan, but did you know that it could also be a key aspect of reducing risk and controlling costs? Unfortunately, nearly all providers consider managing this risk to be your responsibility. We don’t think that’s fair – especially in today’s complicated healthcare environment. Instead of pushing the responsibility onto you, Seubert will help uncover your exposure to risk and help manage it to enhance profitability.