Employee Benefits Routine Services

School Boards & Municipalities

Insurance Carrier & Intermediary Roster

Understanding Your Options

How a Primary Care Physician (PCP) Works

Thumbnail Explanation of Employee Benefits Options

How to Obtain a Quote

Employee benefits is a challenging field of insurance, and Grinspec can provide crucial assistance in navigating this often complicated area. Grinspec can help you with a host of services. We offer:

Proposal and Renewal Process

• Provide a complete analysis of present coverage.
• Review current plan experience and loss activity. We focus on which benefits are utilized most and where the services are provided.
• Prepare bid specifications for submission to the appropriate insurance mechanism.
• Review proposals and submit a detailed report including benefit, coverage and cost comparisions.
• Provide a professional recommendation.

Implementation

• Provide an implementation schedule outlining deadlines for Grinspec, the carrier and the employer.
• Organize employee meetings to present new coverage options or plan changes. This includes preparation of plan comparisons and enrollment materials.
• Assist employees in filling out the applications to assure timely implementation.
• Obtain from the carrier group numbers, benefit books and enrollment information to ensure proper enrollment.
• Proof and deliver ID cards.

The Grinspec Employee Benefits Team will also:

• Assist your employees in resolving any claim problems or disputes that may arise during the course of the year.
• Review claim experience on an ongoing basis during the policy year to spot any unusual claim fluctuations.
• Analyze major claims that may occur in an effort to minimize employer liability. Through application of proper medical management, such claims can be reduced.
• Assist the employer in its negotiation process with the various bargaining units. This would include providing ideas and concepts regarding benefit revisions, suggest negotiation methods to accomplish those revisions, and to inform the employer as to what other employers are doing in the geographic area.
• Assist in negotiating renewal rates using our 30 years of experience in the group insurance business. We understand the rate projection formulas and the proper terminology, which enable us to discuss this subject in underwriting terms.
• Apprise the client of new developments in the group insurance business to include cost containment, cost shifting, flexible benefits and cost management, as well as new financial arrangements and the long range effect and feasibility of such ideas.
• Periodically provide a wide list of alternative benefit revisions along with rate reductions for such changes.
• Use our experience in the group insurance business to develop new ideas that would deal with any particular idiosyncrasies of the employer.
• Recommend strategies to reduce payroll taxes utilizing IRS approved options such as: medical spending accounts, premium conversion plans, or flexible spending accounts.

Employee Education

• Provide employees with continuing education to optimize the group's managed care options.
• Provide, if desired, annual open enrollment meetings.

We invite you to email us so we can assist you today.