Employers want to offer a health plan that is affordable while providing employees with the resources to help them manage their health. Spring tackles all facets of health plan design and financing, including:

  • Data Analysis and plan analytics
  • Actuarial pricing, reserving and financial analysis
  • Underwriting
  • Eligibility provisions
  • Preventive services
  • Wellness programs
  • Disease management
  • Employee assistance programs
  • Self-insurance feasibility
  • Reinsurance arrangements
  • Benchmarking
  • Competitive bidding

Springs healthcare benefit solutions include:

Medical
  • Plan Design and Analysis
    • Secure HMO, PPO, POS, Indemnity and Open Access plans from the industry’s top carriers
    • Ensure optimal access to coverage
    • Ensure plan compliance
    • Identify coverage gaps/redundancies
  • Health Promotion
    • Health Risk Assessments
    • Onsite clinics
    • Employee education seminars
    • Health incentives
    • Preventive strategies
  • Health Management
    • Claims management
    • Predictive modeling
    • Outreach programs
  • Funding
    • Feasibility of self-insurance/self-funding strategies
    • Medical stop loss or quota-share reinsurance
  • Actuarial & Underwritting
    • Pricing
    • Reserving
    • Financial projections
    • Risk modeling and variability analysis
    • Underwritting

Dental
  • Plan Design and Analysis
    • Comprehensive network options
    • Rollover benefit dollars
  • Health Promotion
    • Preventive plans to ensure access to routine care
  • Funding
    • Fully-insured and self-funded strategies
    • Improved cash flow strategies for plan sponsor
  • Actuarial & Underwriting
    • Pricing
    • Reserving
    • Financial projections
    • Risk modeling and variability analysis
    • Underwriting

Vision
  • Plan Design and Analysis
    • Secure coverage with leading vision and eye care carriers
  • Funding
    • Traditional Offering vs. Voluntary Offering
    • Alternative funding solutions
  • Actuarial & Underwriting
    • Pricing
    • Reserving
    • Financial projections
    • Risk modeling and variability analysis
    • Underwriting

Pharmacy
  • Plan Design and Analysis
    • Standalone pharmacy benefit manager vs. outsourcing
    • Analysis of costs
    • Manage contract negotiations
  • Funding
    • Actuarial analysis
    • Pro-forma projections
  • Actuarial & Underwriting
    • Pricing
    • Reserving
    • Financial Projections
    • Risk modeling and variability analysis
    • Underwriting

 Our brokerage division Spring Insurance Group provides strategic analysis, product placement services and day-to-day program management to plan sponsors and their HR/benefits department.