Today one of your biggest expenses is employee benefits. It does you no good if your employees do not perceive value in what you provide. Foresight Benefits is an advocate in educating your employees about their benefits and how they fit into their personal lives both on a benefit level and cost level.
We view ourselves as being in partnership with our clients in creating a benefit program that delivers a true benefit for both employer and their employees. We assist your human resource department by developing timely, informative and easy-to-understand communication materials for your employees. Some areas include:
These kits include cover letters with explanation and direction on how to complete the enrollment forms. They also include benefit summaries, and any other pertinent materials.
Once an employee is enrolled in your company benefit program they will receive a summary description covering all benefits. These SPDs meet all ERISA requirements.
These handbooks not only include the benefit programs but also human resource policies and procedure. Items like vacation and sick leave policies to sexual harassment, and disability.
These statements show the employees their actual earnings from the employer. We take the employee’s income and add to it all the “extras” a client provides i.e. benefit plan premiums, retirement, contributions, taxes, etc. The employee then views his true paycheck.
We coordinate with your carriers to provide employee newsletters. This information is generally distributed quarterly and it’s free. It assists your employees with helpful suggestions about healthy lifestyles and disease control.
Before we design employee materials we meet with you to find out what might motivate your employees to achieve the desired results. If we do need to develop customized communication materials we will present estimates for sign-off.
This is an area that is often overlooked by employers because they do not always take the time to ask their broker about their relationships with vendors. One of the most important assets a broker group can bring to the table is a broad knowledge about the HMO & insurance industry and the suppliers in it. Foresight Benefits has the ability to recommend the carriers that are the best fit for your particular situation. It is one of our differentiating areas.
Once the vendor is identified, Foresight Benefits ensures that implementation is smooth, on time, and communicated thoroughly to all your employees.
In this area we include the following services:
We manage our vendors daily therefore we are always prepared for renewals and regular evaluation. We assist in resolving any problems relating to vendor performance. We act as arbitrators in resolving claim problems or procedures, billing problems, and other difficult areas that may arise.
We believe in quality products and impeccable service.
Our clients rely on us to ensure that all new contracts and plan documents are accurate in such areas as:
We assist our clients in amending plan documents as necessary, and suggest the language that is required. We then coordinate the distribution of the amendments to all employees.
Foresight Benefits & Insurance Services is not a legal entity therefore we do not perform legal review of documents or contracts.
The process of building a successful relationship begins with a detailed outline of the services we will be providing. This becomes your “Bill of Rights” The Bill of Rights allows both Foresight Benefits and you to have a clear understanding of roles and responsibilities.