Employee Benefits Administration and Enrollment
We can individually conduct meetings with each new employee via videoconferencing or phone to explain the employee benefit options and accompanying costs. Prosperity Planning then assists the employee in correctly filling out the customized election forms and applications that incorporate payroll deduction information, appropriate benefit selections, and waiver forms, etc. These solutions tie together human resources, payroll, and employee needs together to save time and maximize costs for both the employer and employee.
Creative Cost Cutting Options
How do you successfully control employee benefit costs in an environment in which costs are rising at a much greater rate than inflation? Effective cost-cutting options today often combine many different strategies, including (Prosperity Planning employs al of these strategies):
-shopping different insurance carriers
-designing higher deductible plans that incentivize employees to be more savvy consumers
-incentivizing waive-outs from the insurance plans
-looking at shifting the cost to Medicare (when appropriate)
-embracing alternative methods like partial self-funding
We can individually conduct meetings with each new employee via videoconferencing or phone to explain the employee benefit options and accompanying costs. Prosperity Planning then assists the employee in correctly filling out the customized election forms and applications that incorporate payroll deduction information, appropriate benefit selections, and waiver forms, etc. These solutions tie together human resources, payroll, and employee needs together to save time and maximize costs for both the employer and employee.
Creative Cost Cutting Options
How do you successfully control employee benefit costs in an environment in which costs are rising at a much greater rate than inflation? Effective cost-cutting options today often combine many different strategies, including (Prosperity Planning employs al of these strategies):
-shopping different insurance carriers
-designing higher deductible plans that incentivize employees to be more savvy consumers
-incentivizing waive-outs from the insurance plans
-looking at shifting the cost to Medicare (when appropriate)
-embracing alternative methods like partial self-funding