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.