Book
Achieve Employer Plan Excellence
As the plan sponsor (the company or employer selecting health care benefits for its employees), you want to provide your employees with great benefits but control costs.
To do this, you work with brokers, advisors, or advisor firms, professionals who deeply understand the employee benefits market and help you evaluate and compare plans, costs, and benefits. But it is challenging to know the right questions to ask these advisors or how to consider the information they give you.
Achieve Employer Health Plan Excellence is the ultimate handbook for navigating this process. Think of this book as your coach, sitting next to you and passing you notes as you meet with your advisor and benefit vendors.
Achieve Employer Health Plan Excellence contains a practical, hands-on approach that allows plan sponsors to turbocharge their health plan management.
With over 90 questions for you to ask your advisor regarding the employer health plan, the book helps you gauge their performance and the status of your plan. The questions and the preferred answers and explanations make this book an invaluable addition to the employer’s health plan management tool bag, authored by an experienced health care benefits expert.
Whether you are a relative beginner or have experience managing fully insured and self-funded plans, this book guides you through the health plan management process with information about:
Stop loss management
PBM management
Advisor compensation
Third-party administration
Benefit plan compliance
In addition, the book helps you evaluate your advisor firm’s experience and the skills and qualifications of the individuals involved with your account and offers the summary tool: “Top 10 Suggestions to Achieve Health Plan Excellence.”
Please read it to understand the process or pick it up as specific issues emerge. The appendix contains a questionnaire you can hand to your advisor firm.