Group Employee
Benefits and
Insurance
Medical
Vision
Dental
Life
STD, LTD
FSA
HSA
HRA
Medical
Life
Disability

Reducing the Cost of High Turnover with Smart Benefit Plans
Putting together the best employee group plan is a crucial business decision. For many
small to medium-sized companies, this decision can make a major impact on the bottom line. We can assist
you throughout the entire process from weighing plan options to electronic enrollment to benefits
communication.
Employee group areas include:

While solutions to these rapid increases will not occur quickly, your company can review many options to obtain
the best possible coverage for your employees at a cost-effective price. We can assist you with a consumer-driven
approach where employees move towards empowerment through education, incentives and
multiple choices.
Self-Funding & Partial Self-Funding
According to a 2003 Massachusetts study, 62% of employers remained in
self-funding policies after five years,
and another 22% were in their second to fifth years. Thus, a majority of those companies that try self-funding
stay with it. These options should not be attempted without careful consideration. With healthy groups of
employees, stop-loss insurance, and wellness programs, self-funding is a viable and serious way to reduce health
insurance costs.
Right Carrier Selection
Insurance companies have varied approaches to providing coverage. A skilled broker can
make professional recommendations based upon the carrier that is the best fit for your company. Your company
will want to weigh employee out-of-pocket expenses, coverage options and limits, network selections and much
more. How do different carriers manage claims? Currently, company healthcare costs run up to 37% of payroll.
Get a professional to assist your company with this vitally important decision.
Governmental Compliance
Healthcare is a highly regulated industry. Thousands of mandates have been added over the past 20 years. Don't take the risk of ending up with a serious compliance issue or lawsuit based upon a regulatory oversight. Lowdermilk & Associates thoroughly understands insurance laws, and can assist your company effort to remain in compliance.
Call for additional information or complimentary cost-solutions analysis.