Here at Benefit Connections, we work for YOU…not the insurance company.
Our core mission is to make insurance easy and help employers design an employee benefit package that controls cost by making good long term strategic recommendations.
We provide a fully array of services at no additional cost to you
We offer creative insurance solutions customized for your business
We shop all the major insurance carriers to get you the best coverage for the lowest price
You get a consistent point of contact year after year no matter which insurance carrier you choose
“No” is not in our vocabulary. When a client asks…our job is to find a solution
Our clients include small and large businesses, non-profit organizations, school districts, churches, manufacturers, and individuals. No matter how big or how small, we treat every client like a fortune 500 company
Full Line of Insurance Products
Customized Employee Benefit Packets
COBRA / Medicare / HIPAA / Healthcare Reform
Carrier Dispute Resolution
Dependent Eligibility Audit
Third Party Administration
Provide quotes and place various insurance products. Best rates are obtained by soliciting quotes from several different vendors. Types of insurance products we provide include:
- Stop Loss Reinsurance
- Group Life Insurance
- Short Term & Long Term Disability
- Long Term Care Insurance
- Medicare Insurance (Supplement, Advantage, Part D)
- Small, Mid-Market, and Large Group Health Insurance Plans
- Voluntary Products (Hospital Confinement, Medical Bridge, Cancer, Critical Illness, Disability, and more)
Each year at renewal time, multiple carriers will be contacted and asked to provide quotes for comparable and alternative plans. This competitive process will ensure that the right plan is purchased at the right price.
In additional to traditional style plans, our evaluation will also focus on Creative Plan Designs such as Health Reimbursement Arrangements (HRA’s), Health Savings Accounts (HSA’s), and Self Funded options.
Benefit Connections has a partnership with The Benecon Group to bring many additional compliance services to our clients. Services include:
- Actuary Services
- 5500 Preparation
- Compliance Audits
- COBRA Administration
- Annual Notices Checklist
- Section 125 Plan Documents
- Access to a Compliance Attorney
- Sample Forms for COBRA, HIPAA, USERRA
We provide a customized annual open enrollment guide to assist employees in making plan selections. In addition, our employee benefit packets include the required annual notices, the federal summary of benefits and coverage (SBC), and the uniform glossary.
Health insurance laws are complex and keep changing. Guidance will be provided on matters relating to laws and federal regulations such as COBRA, HIPAA, Medicare and the Patient Protection and Affordable Care Act (National Healthcare Reform).
We provide regular communications to our clients regarding changes in carrier benefits, administration or policies. In addition, we provide periodic newsletters that provide information on wellness, important employee benefit news, and other relevant information.
In the event that an issue cannot be resolved by contacting the insurance carrier through normal channels (customer service, enrollment and billing, etc.), we will use our inside connections at the insurance carrier to expedite a resolution to the problem.
As the cost of providing health care continues to rise, a Dependent Eligibility Audit is one of the most immediate and cost-effective ways to reduce total health care costs.
The purpose of a dependent audit is to help reduce health care costs by identifying those dependents that are not eligible to be enrolled on the plan. Incorrectly enrolled or ineligible dependents can result in significant and unnecessary cost to the plan sponsor and participants. It also creates a compliance violation on the part of the employer. Identifying and removing these ineligible dependents can lead to surprising, often staggering savings — regardless of whether the plan is fully insured or self-insured. Many provisions within the Patient Protection and Affordable Care Act (PPACA) call for expanded coverage and fewer restrictions in health insurance plans. However, surveys estimate that between 5 percent and 15 percent of enrolled dependents still do not meet the eligibility requirements of the plan. Removing 40 ineligible dependents could save you $240,000 in premiums and/or claims exposure per year.
Under a self-funded plan there is additional risk and liability. If there is a catastrophic claim incurred by a dependent that is not eligible under the terms of the summary plan document, the stop loss carrier will likely deny coverage for the claim.
Benefit Connections is a licensed Third Party Administrator. We can provide a variety of claim processing services including:
- Self Funded Dental Plan
- Premium Reimbursements
- Dependent Eligibility Audits
- Unique / Creative Benefit Designs
- Medical Reimbursement Plan (MRP)
- Health Reimbursement Arrangement (HRA)