Health & Welfare Actuarial Services
Employees place very high value on their health benefits, which make up a significant portion of your total rewards strategy. The cost of employer-sponsored medical, dental, and other health-related plans is typically the most expensive element of a benefits package, making proactive planning and cost control critical.
Professional actuarial assistance is a vital first step in sound plan design. Our health actuarial staff has been analyzing and designing health benefit plans for nearly three decades, and we can help you design health benefits that will be attractive to your employees and fit your financial objectives.
Providing Solutions for Healthcare Cost Management
DailyAccess can develop solutions and provide services to help you deal with today’s rapidly increasing healthcare costs and assist you in creating a plan for cost management. We offer actuarial services that include:
- Review of current plan design
- Claims analysis to identify costly benefits and to help develop more efficient alternatives
- Contribution analysis to identify subsidized benefits and competitive coverage levels
- Self-funding analysis and options
- Cost projections under various trend assumptions
- Analysis of insured costs and premiums
- Assistance in fulfilling legal, regulatory, and accounting requirements
To learn more about how DailyAccess can help you balance your employee benefit costs with the corporate bottom line, contact us.