How We Work

Our blend of 30+ years of experience, understanding of up-to-the-minute changes in requirements, commitment to client advocacy, and recognition of fiscal needs makes Benefits Evaluation Group uniquely qualified to be your partner in maximizing growth through people, while minimizing costs.

Consulting

The days of simple answers to choosing a health insurance plan are long over.  The Affordable Care Act that was signed into law on March 23, 2010 contains over 1,000 pages, many of which have been revised, deleted and clarified over time.  State-by-state regulations also confuse and already complex situation… greatly impacting the decisions that your employees—the most important asset you have—will make for their spouses, families and overall quality of life.  Even if it means changing companies or occupations.

We understand these shifting needs, and the myriad alternatives that are out there for you and your people.  With all of this, there is one common truth: if we sit down with 100 companies, no two companies will have the exact same needs. There are always important differences that requires expert advice.   And this advice is worth its weight in gold.

Advocating

General healthcare and preventative medicine are part of every employees lives as well as their loved ones.  In many instances, they experience acute situations that are very emotional and stressful… and require clear heads.  In all cases, knowing that you have an advocate in your corner to navigate the insurance and claim procedures and will fight for fairness and accuracy can take the pressure off of an situation that should not have financial considerations as part of the decision making process.   

That’s precisely what you get with Benefits Evaluation Group.  If you are our client, you and your employees can rest assured that you have a knowledgeable and experienced friend who will represent your interests—and only your interests—when you need to exercise your relationship with your insurance carrier.  We are true advocates with an overarching commitment to you. 

Administrating

Considering the complexity of today’s health insurance landscape, administrating insurance plans can be a concern for many companies who have not subscribed to the PEO model.  The answer for some is to outsource to a TPA (third party administrator) but with Benefits Evaluation Group, we take all of the headaches away ourselves, with no extra fees.  From enrolling to claims processing to managing providers and the membership to utilization reviews to compliance, we do it all for you.  Whether you have a fully funded, a self-funded or a hybrid model, your administration is handled flawlessly.

Providing Balance of Cost Savings vs. Plan Quality

With unemployment at 4%, and many companies requiring their employees to be somewhat- to very skilled in knowledge-based processes and technologies, having the right people in place is more critical than ever in this hyper competitive business landscape.  Benefits have been shown to be extremely important and sometimes the divining rod in deciding where to work.  60% of people report that benefits and perks are a major factor in considering whether to accept a job offer. The same survey also found that 80% of employees would choose additional benefits over a pay raise.

The importance of benefits and its associated cost--which typically occupies a huge part of the SG&A expense profile of many businesses casts a critical eye to the balance companies must have when considering their benefits strategy.  As in many cases, Benefits Evaluations Group is true to our name… evaluating your market and needs, seeing the competitive nature of the hiring process, understanding what you can afford and what the possible opportunity costs may be in not securing the right people, etc.  Always mindful of finding the least costly alternative.