Services
Information Management
STRATeBEN’s proprietary approach to Health Plan Analysis and Benefit Modeling adds an important feature to any employer concerned about staying in business. We provide information driven Benefit Plan evaluations and service impact analyses as well as Employee and Employer Cost Sharing options.
Health Care Reform Compliance and Financial Risk Testing
Health Care Reform - aka ObamaCare - will have a dramatic effect on American businesses. Strateben recognizes the changes this puts on employers and we have developed tools to analyze the impact of the law and financial modeling tools to guide employers in navigating important business decisions to ensure their overall success and survival.
Health Management/Wellness Strategies
Clinically Based Plan Management – The Key to Our System
Given the rapid increase in plan costs and the impact on a business’ viability, prospective tools are required to effectively manage the trend of future healthcare costs. STRATeBEN’s proprietary approach of connecting innovative technology along with focused clinical management is an industry leading strategy designed to place our clients in a position to manage -- if not dictate -- their health care trend.
Online Tools/Web Based Automation
STRATeBEN recognizes the increased demands placed on benefits departments as well as the need for a more efficient approach to the administration of employee benefits programs. Our integrated solution is designed to leverage sophisticated technology in order to deliver ease of use, mobility and service enhancement.
STRATeBEN provides a user-friendly, web-based enrollment application enabling employees to enroll in their benefits program on-line, easily and securely. This approach not only improves the enrollment process for all constituents, it turns over much of the responsibility for updating demographic information and selecting benefits from the benefits department to the members themselves.
TPA/Carrier Evaluations
STRATeBEN’s expertise in building and running both insurance carriers and third party employee benefits plan administrators provides us with unique insights into evaluating these service providers. We know what to examine in order to determine contractual compliance, service performance and financial efficacy.
Our strategy of evaluating, selecting and managing TPAs and Carriers to strict performance measures ensures that our client’s employee benefits goals are achieved.
Risk Management/Stop Loss Insurance
STRATeBEN has a seasoned underwriting staff dedicated to matching the correct risk management tools with your organization’s risk tolerance. Our proprietary reporting tools allow us to evaluate a multitude of options prior to selection which gives our client’s piece of mind that they have the correct risk coverage.
Pharmacy Benefit Management Review
As plan sponsors now know, one of the key drivers of the alarming increase in health plan costs is Prescription Drug expenses. It requires unique skill to evaluate PBM effectiveness and negotiate the best possible arrangements for a particular plan. In addition, a more sophisticated approach to benefit plan design will position plan sponsors for long-term survival.
HR Compliance and Support
Plan compliance is an important component in managing all employee benefit programs today. The legislative environment has become very complex and we have a dedicated compliance expert that is well versed in all aspects of ERISA based plans. We support our clients in all areas such as ERISA, Department of Labor and IRS regulations.
Client and Member Service
STRATeBEN understands the scope of the employee benefits investment made by an employer and therefore has included member support as a key business function. The delivery of health benefits can be daunting to many people. Through the use of sophisticated technology, clear communications and dedicated service team members clients and their members will experience a new appreciation for the way employee benefits should be delivered.
