Vendor & Plan Management
Step Three involves selection the most appropriate vendor for each client situation. The ultimate objective is to maximize choice while controlling overall benefit costs.
There are a variety of components that figure into this equation, including:
- Insurance Carriers
- Alternative Funding
- Wellness Programs
- Prescription Plans/Costs
- High Deductible Options
- Health Savings Accounts (HSA’s)
- HMO / PPO
- HRA’s
- Voluntary Benefits
- Disease Management
- Network Discounts
- Third-Party Administrators
- Section 125 Plans
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