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Plan Design Consultation

Customizing Your Employee Benefits For Maximum Return

Employee Benefit Services, Benefit Administration ServicesPlan design is the first, and probably most important, step in creating an effective employee benefit program. Each worksite situation is unique, so the key is to design a plan to achieve your specific goals.

The options can seem endless, and understanding your needs is the best place to start. Whether you choose plans that are fully-insured, self-insured, company provided, traditional, or consumer-driven, Sorensen Benefit representatives have proven and effective skills to develop an ”employee benefit strategy” that reflects your organizational objectives.

For instance, you may want to offer an FSA, HRA, or HSA as a standalone plan. Or you may see the benefit of stacking the plans to include a combination of the three. You may even offer a ”menu” of plans from which your employees can choose.

Our consultants will complete an analysis of your benefits program to determine how it relates to your total compensation package, philosophy, employee needs, and budget. We will then formulate a plan that provides access to a variety of options for you and your employees.

Clearly understanding your employee benefits objectives and providing the right services means you need to offer programs that are valued by both your employees and your company. You can expect the following process during our comprehensive consultation and implementation program:

  • Identify and develop benefit objectives
  • Review and evaluate current plan design
  • Market research of alternative plan design options, including a cost benefits analysis of each option
  • Design plan menu to obtain objectives
  • Implement strategy with pre-enrollment material
  • Complete enrollment while providing education
  • Hold group post-enrollment meetings
  • Hold individual post-enrollment meetings
  • Provide continuing support for both employer and employees
  • Administer the benefits throughout the plan year
  • Follow-up with the employer on a regular basis for evaluation of services

To learn more about how we may enhance your organization’s benefit package, please contact us at: [email protected]