Cost Containment

cost-containmentDo you have a process to effectively review and manage the cost of your employer-sponsored benefit programs? Cornerstone Benefit Plans, Inc. has solutions for your review.
Supporting your benefit plan requires a management process

One challenge many employers continually face is the persistent rising cost of employee benefits. Accepting rate increases and allocating increased costs to employees or reducing employee benefits should not be the only solution for consideration.

Call Us: 248-641-2740

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Support and Education

  • Customized management reports
  • Prescription drug analysis
  • Eligibility audits
  • Billing reconciliations
  • Benchmark surveys

Saving Solutions

  • Defined-contribution plans
  • Health Reimbursement Accounts (HRAs)
  • Health Savings Accounts (HSAs)
  • Employer/Employee contribution modeling
  • Retiree Carve-Outs
  • Self-Insurance with stop loss coverage

Tools

  • Plan Adviser: this tool will allow us to create a benefit package suitable for your unique business
  • Plan Selector: helps employees choose the best plan for their needs
  • Pay or Play Calculator: assesses medical costs, calculates the number of full-time equivalent employees, and evaluates the overall value of your current medical plan(s)

Plan Design Options

  • Private exchanges
  • Public exchange (SHOP)
  • Self-Insured Carve-Outs
  • Gap plans
  • Conventional underwriting

Ready to get started or need help?