Many businesses find a way to know the cost and benefits of each of the purchases they make, except when it comes to their healthcare plans.
Colony West goes further by structuring custom-designed plans that will most effectively meet your unique needs and business characteristics. What we most often hear from new customers is, “Really? I didn’t know that was possible”. Our products/coverages run the complete range:
We Service Group Benefits in 3 Distinct Ways
Plan Design: It all starts with gaining a deep understanding of our customers and their staff, then balancing the wants and needs of ownership, staff, the marketplace and the regulatory environment. So much of what we achieve for a client is often accomplished at this starting point. This process continues each year as our customers change, the market changes and of course as the regulatory environment changes. To accomplish a perfectly structured and balanced plan we look at:
With this information we most often find that we can provide superior coverage at a reduced cost for our clients. Sometimes we bring in a totally new carrier or plan design with supportive products and services, while other times we can achieve radical results while leaving most of the current plan in place.
Compliance: Whatever the future holds for Health Care Reform, one thing you probably agree on is that regulation of some form or another will continue to exist, and that it will change on a regular basis. We help businesses stay in compliance either with tools they can utilize on their own or proactively managed compliance services. We advise clients to live by the rule that no good deed shall go unpunished, so we help them with matters such as:
Plan Service: Very often we take on new customers who simply need better service and who are impressed with our high level of responsiveness, hands-on service and in particular, the way we help them automate and integrate their benefits administration, payroll functions and even automated employee management & administrative functions. Following is some of what we bring to the table:
We can help you find out if you’re overpaying and do a comprehensive audit to find out what you’re missing. Let’s chat!