As the cost of health care continues to rise, many companies have been hard-pressed to maintain the level of coverage that their employees have become accustomed to. In response to this trend, CBIS has become an industry leader by going beyond “standard” solutions to develop Creative Benefit & Insurance Solutions and next-generation plan designs to help clients stabilize their health coverage costs while maintaining, or even improving, benefits.
Adding Value To Your Company By Providing Boutique Service
At CBIS we analyze the entire spectrum of group health insurance products, including PPOs, EPOs, POSs, HDHPs, HMOs, alternative funding, carve-out programs and self-insured arrangements. We will work with your company to design and implement a plan that is right for your organization, employees and budget. In the self-insured and experience-rated market, our expertise in educating employees on smart health care behaviors through analytical and intelligent plan design will help promote cost-effective utilization. For smaller community-rated plans, we aim to provide you with maximum plan design flexibility, options and customized contribution levels so that you can best meet the needs of your organization.
We thoroughly assess our clients’ business characteristics and employee needs to develop customized benefit packages. Through our strong relationships with providers and carriers, we are able to optimize client resources in developing cost-efficient solutions. Benefits include:
- Group Health (including managed care, HDHPs, self-insured , and alternative funding arrangements)
- Prescription Drug Programs
- Individual Medical
- Medicare
- HRAs/HSAs Programs
- Dental
- Life / Accidental Death and Dismemberment
- Vision
- Group & Integrated Disability
- Voluntary Employee Paid Programs
- Wellness Programs
- COBRA/HIPAA
- HRAs/HSAs
- Section 125 Plans
- FSA
- Indemnity Plans
Evaluation
CBIS thoroughly evaluates the unique characteristics, needs and goals of your organization.
Negotiation
Whether implementing new coverage or negotiating renewals, our strong relationships with providers and carriers enable us to consistently secure the best possible rate.
Implementation & Follow Through
After the policies are in place, we work with our clients throughout the enrollment process, and beyond, to ensure a smooth transition and continuity of service.
Education
CBIS customizes client employee education materials to help employees understand their healthcare spending.
Benefit Compliance Management
With today’s market conditions, new regulatory requirements and ever increasing demand on plan administrators, CBIS is your backroom Benefit Compliance Department.
Need to comply with Public Act 106?
Complying with Public Act 106 doesn't have to cost you a fortune. Specifically for Michigan Public Sectors, CBIS has several options available.
Long-Term Relationships
We work closely with our clients to assess and reassess their benefit needs in response to organizational changes and industry developments.
Mergers or Acquisitions are never a simple task. CBIS evaluates and compares current cost & benefits development of a single harmonized program to serve all locations. We help turn the potentially time consuming task of benefits selection, implementation, review, and education into a process that yields positive results both for employers and employees.