Benefits Blueprint TM

Would you hire a builder to build your dream house without a set of blueprints? Of course not! The same principle applies to a well-designed and executed employee benefits program. A Benefits BlueprintTM is the basis for a successful bid process for any of your benefits programs. Looking three to five years ahead allows you to take back control of the annual bidding process, and avoid "The Annual Train Wreck". Because companies are dynamic entities, we recommend that the Benefits BlueprintTM be reviewed three to four times a year. Your Benefits Program Vision can't be built in a day.

 

Benefits BlueprintTM includes the following:

  • Your Benefits Program Vision: This is actually a series of documents that details where things are today inside your organization - your mission, your challenges, your opportunities, your strengths, and where you would like to see things a year from now.
  • Benchmarking Comparison Report: You cannot manage that which you cannot measure. It is only through proper analysis of what others in your area, industry, and company size are doing that you can effectively understand what is right for your workforce.
  • Service Call Log: What kind of claims issues has your broker been receiving? This will give you a good indication of issues you can correct, perhaps even before they turn into problems.
  • Utilization Data Report: A graphic display of claims for medical and dental insurance.
  • Plan Cost/Benefit Analysis: A side-by-side comparison of various benefit proposals.
  • Benefits Calendar & Timeline: It's one thing to make it through this renewal cycle, but after it's over what should you be doing for the remainder of the year? The real answer is "a lot". But, what to do when? The Benefits Calendar gives you a clear idea of what you should be focusing on each and every month so the next renewal doen't turn into The Annual Train Wreck.
  • Executive Summary: A summary analysis of where things are today and where they can be if some simple adjustments are made.
  • And much more: Think of the Benefits BlueprintTM as the business plan for your workforce. It includes everything you need to truly turn an expense (your employee benefits program) into the best strategic asset your company possesses.

All of these documents, when put together and revised as the year progresses, provide you and your company with the tools necessary to build the right employee benefits program — one your company can afford, and one your employees will value.

 

Get started today on your Benefits BlueprintTM by going through the Workforce TransformationTM.

 

 


Beacon Benefit Consulting Orlando, FL Phone: 407-894-2004Jacksonville, FL Phone: 904-215-9955