Developing a long-term, sustainable strategy regarding employee benefits is imperative in today’s economy. The cost of providing benefits continues to rise, and employee morale is measured in part based on the quality of benefits offered. Many employers struggle to balance employee needs with their own bottom lines. Helping to meet these divergent needs is HM’s specialty. As your Consultant, we will complete an in-depth analysis and obtain quotes from strategic insurance markets. We believe our value comes from our leverage of relationships with preferred carriers.
But obtaining competitive quotes for coverage and handling claims problems is only a small part of what you should expect from your insurance and employee benefit advisers. We go much farther by providing quality services throughout the year. Below are three of the key differentiators that we offer our clients.
HM monitors all benefit legislation through our Legal Research and Compliance attorney. Weekly meetings are held with our Benefits Department to discuss legal developments and changes. As a result, our account management teams are well-versed in Health Care Reform developments, interpretations, and compliance solutions. This structure also allows us to provide our clients with answers to their compliance challenges in an efficient and cost-effective way.
For complex compliance challenges, we have strategic partnerships with some of the top legal firms in the area to provide us with assistance. We have active memberships with Employee Benefits Institute of America (EBIA), the St. Louis Association of Health Underwriters, the Missouri Association of Underwriters and the National Association of Underwriters.
HR Consulting services are available to clients through our HR Consulting practice. Typical projects include: Employee Handbook Review, Onboarding, 360 Reviews, Hiring Assistance and Employee Education on a variety of topics.
Benefit Administration Technology
HM believes in leveraging technology to drive efficiencies and ultimately reduce costs. Our preferred relationships will reduce administrative burdens while guaranteeing compliance with the complexities surrounding the Affordable Care Act.
Please contact Bill Pohlman if you have any questions.