Model
Test alternatives with your own numbers before recommending a change. Modeling projects the cost and employee impact of options such as different contribution structures, plan designs or funding approaches using your data.
Test options with your numbers.
Modeling projects the cost and employee impact of options such as different contribution structures, plan designs or funding approaches using your data.
It turns “should we?” into a comparison of specific outcomes.
What Modeling Can and Cannot Do.
Modeling projects the effect of a change using your own numbers. For example, it can show how a different contribution structure would affect employer cost and employee payroll deductions at each tier, or how a plan design change would shift cost between the employer and employees.
Models rest on assumptions, such as participation, utilization and trend. We state the assumptions and test them.
A model is a decision aid, not a guarantee. Actual results depend on how employees behave.
A few more questions.
What can be modeled?
Contribution changes, plan design changes, funding options and defined-contribution approaches.
How accurate is it?
Models are projections. We state the assumptions so you can judge them.
What data does a model need?
Enrollment by tier, contributions, plan design and, for larger groups, claims.
Can we see the assumptions?
Yes. We list them.
How do we check a model after the fact?
By comparing results with the projection at the next review.
Related guides.
Employee Benefits Strategy Consulting in Michigan
Funding, contributions, vendors and compliance.
Decide
Present options with their trade-offs so leadership can choose.
Implement
Handle carrier, vendor and administration changes so HR is not left with the workload.
Send us your renewal.
We’ll tell you whether it looks competitive, where we see opportunity, and the five questions we’d put to your carrier. No cost, and no obligation to move anything.
The renewal letter
Your current plan summary
Contribution split by tier
Enrolled counts by tier
Four documents — two more if your group is 50 or more. Nothing else; every extra one is a reason to postpone.
An independent employee benefits consulting firm. We look at the entire benefits program: cost, plan performance, risk and administration.
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