Employee Benefit Consulting
The employee benefit planning process is constantly evolving and has become increasingly complex. It is difficult for decision makers to remain current with State and Federal legislation and aware of all new benefit strategies available in the marketplace. Kingston Life and Health partners with employers of all sizes to eliminate the guesswork and confusion associated with implementing competitive and affordable insurance solutions. Benefit Evaluation and Strategic Planning
- Evaluate various plan options and obtain insurance quotes
- Optimize executive care-out enhanced benefits
- Audit in-force certificates of coverage contracts
- Develop overall plan designs and creative solutions
- Engage employer in strategic discussions
- Provide employee cost-sharing strategies
Collective Bargaining Benefit Strategy
- Consult with management, before and during collective bargaining negotiations to develop strategic benefit approach and cost projections
- Serve as employee benefit resource through bargaining sessions
- Develop and conduct communications regarding benefits to union membership after negotiations
- Provide on-going consulting to address “after the sale” benefits management and human capital issues
Budget Cost Control Services
- Evaluate Insured and Self Insured options
- Evaluate core benefits and provide enhanced voluntary buy-up options
- Conduct review for employee benefit plan internal attributes
- Create budget spreadsheet outlining annual costs
- Create benefits analysis outlining benefit options
- Identify areas of conflict and potential liabilities
Product Carrier Selection
- Identify carrier specifications and initiate bidding process
- Analyze carrier responses, plans and costs
- Evaluate carriers, including network accessibility match
- Negotiate with carriers and present options
Employee Enrollment
- Manage employee enrollment process
- Develop communication plan for open enrollment
- Conduct face-to-face and webinar enrollment meetings
- Produce announcement letters and benefit outline summaries
- Build customized employer website with benefit communication material