Employer Health Benefits
Employers continue to see increases in the cost of their healthcare benefit programs. In an effort to manage those costs, many have elected to self-insure, calling on third-party administrators or insurers to administer benefits and process medical claims. To help you monitor costs and track the performance of your benefit plans, we offer services in two key areas.
Claims performance reviews
More often than not, annual healthcare claims constitute an organization’s highest unaudited expense. Are you confident your administrator is paying only the bills that should be paid—and paying them correctly? If not, verifying this will not only fulfill your fiduciary responsibility as a plan sponsor but also help you evaluate whether your claims are being paid accurately and in accordance with the plan’s intended provisions.
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