Benefits Tailored for You
Our advisors will evaluate your goals and then craft a benefits strategy that fits those goals. Our implementation teams will then educate employees. We will then meet every 3 months to review the goals, finances and objectives to ensure that you are satisfied.
Step 1: Evaluation
Strategy and plan design – Prior to providing an employee benefit strategy and plan design LGIS conducts a thorough evaluation of your current corporate climate and benefits. This interview process allows us to get a broad overview of where you are right now and understand the following:
- Goals – Short and Long
- Growth – Will this be steady
- Satisfaction and Retention
- Incumbent Benefit Program
- Benefits Budget
- Employee Evaluation
This process enables a solid foundation to be established for setting clear, strategic plan design goals, considering value-added programs, identifying areas of potential cost savings and maximizing employee goodwill.
Step 2: Plan Design
Based on the Evaluation, We work together with you so you can make informed plan design decisions with confidence. We’re there to help you stay focused on:
- Enhancing or removing programs that are working or failing
- Implementing effective cost containment strategies
- Reinforcing larger goals, such as encouraging wellness
- Designing employee benefit programs that will help attract and retain quality employees
Throughout the design process, we work as an extension of your HR team — maximizing results with open communication, collaboration and a single vision.
Step 3: Analysis
Based on your evaluation and plan design, Our employee benefits team is able to provide:
- Plan Design Modeling
- PBM Analysis
- Fully Insured verses Self-funded Scenarios
- Plan Reviews
- Budget Projections
- Contribution Strategies
- Request for Proposal (RFP) and Marketing Services
Our analysis process is extremely useful for your decision making progression, and working towards the outline of strategic goals.
Step 4: Implementation
The implementation team plays a critical role in educating your members to the employee benefits program. Your HR team will appreciate their personable nature as they conduct meetings and engage members.