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P a g e
Your
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current offerings. We can help you identify potentially negative trends and work with you to develop
solutions through plan re-design, employee education, and/or administrative changes.
Plan Design
Based on the results of our strategy sessions, benchmarking analysis, and plan review, we will
provide several plan design options. From traditional medical plans to consumer directed health
plans, we can devise an alternative that corresponds to your specific organizational goals, employee
expectation, with carrier appropriate funding and minimal risk. For each option, we will indicate the
financial, administrative, and employee relations implications and potential long-term outcomes.
Whether making minor adjustments to a current design or sweeping changes to your plans, CBIZ has
the expertise and creativity to make it happen. Tools used in the process: actuarial analysis in
forecasting and funding, analysis from our Pharmaceutical Director on prescription design, and
available National benchmarking data.
Renewals, Marketing, and Rate Negotiation
Pre-Renewal Planning
Comprehensive pre-renewal planning ensures a smooth renewal and prevents any renewal
surprises. It defines roles and responsibilities regarding renewal rates, benefit options, vendor
options, and communication strategies.
Based on our benchmarking and plan audit, we will flag for discussion any specific benefits areas
that are above or below the marketplace. Our benchmarking analysis will focus on the current
benefits and premiums of your company, as well as a forecast of benefits and premiums for the
upcoming plan year. We will work with your vendors to refresh claims analysis, provide forecasted
rate adjustments, and obtain commitments on when their renewal will be issued.
Benchmarking is achieved through our national database, and through accepted national public
entity survey’s on an annual basis.
In addition to vendor selection, this is a good time to discuss:
Implementing any long range benefit initiatives you have been considering; for example, the
transition from fully insured, short-term disability insurance to a self-funded approach or a
strategic plan design change.