Employee Benefits

A well-designed benefits plan can help attract and retain quality employees. While this will undoubtedly assist you with your most important asset – your employees – a benefits plan must also be cost effective as it is an integral part of your overall compensation budget. The proper plan design is critical to the ongoing viability of a benefits plan whether the plan includes elements of traditional plans, Administrative Services Only (ASO) plans, Flex plans, Health Spending accounts, or a combination of any of these.

 

 
Employee Benefits
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Orr Insurance Benefits Consultants help businesses and organizations design and implement their benefits programs by providing the following services:

  • A comprehensive no charge, analysis of your current plan, focusing on the cost-effectiveness of your plan, and any potential gaps/problems with the coverages in place.
  • Consulting with the design or redesign of benefit programmes, including Flexible Benefit plans and Health Spending Accounts.
  • Obtaining quotations from insurers based on detailed specifications, analyzing the quotations received and providing recommendations in a report format for selecting appropriate insurers.
  • All necessary assistance in the implementation of your plan or changes made to your plan.
  • Provide training and ongoing support for your plan administrator.
  • Assistance in design, actuarial costing and management of self-insured plans.
  • Keep you informed regularly of how your plan is performing and claims trends.
  • Ensure that your employees understand the plan, what you are doing for them and how the group insurance coordinates with their individual coverage through written and oral presentations.
  • Provide an informative analysis of the plan each year as it renews, and ensure that as your business evolves, your employee benefits plan adapts to meet your changing needs.
  • Assistance to whatever extent is required in resolving unusual claims and administrative problems.
  • Provide prompt ongoing, local service for you, your employees and your administrator.

Jim Redfern , B.A., CLU, REBC heads up our benefits consulting division and every group client we have gets Jim’s personal attention. Jim and his staff are committed to providing quality service, knowledge and expertise – taking you from the fact-finding meeting all the way to implementation of your tailor-made benefits plan. Our consultants have over 50 years combined experience in the benefits field and have extensive experience serving all sizes and types of businesses, associations and organizations. Give Jim and his staff a call and see why we are Huron / Perth’s largest benefits consulting firm.