In today's marketplace, health and welfare benefits are evolving at a rapid pace. Using our knowledge of emerging marketplace trends, library of survey data and insight into the best practices of other organizations, Evolution Benefits Consulting can review your health and welfare benefit programs and provide recommendations to reduce cost, align benefits with corporate objectives and enhance the efficiency of your programs.
An organization's strategy for setting employee contributions is critical to motivating appropriate employee behavior and maintaining a benefits program that is aligned with corporate objectives, both financially and philosophically. The magnitude of the required contributions has a direct impact on the expenses of the organization. But just as important, the strategy used to develop the contributions influences the manner in which participants elect between options and how they use the benefit program. Evolution Benefits Consulting’s health care actuaries and specialists can assist employers in developing an overall strategy for employee contributions, as well as developing and implementing the actual rates.
Evolution Benefits consultants are experts in all benefit plan design options, including the high-deductible plans growing in popularity. The savings accounts that accompany these plans can be confusing to both employers and employees, but provide a valuable benefit when used properly. Evolution Benefits Consulting will help to determine if one of these options if right for your organization.