With the rising costs of providing group health
care benefits to employees, employers now more than ever are looking
for value-added, cost saving strategies and solutions. As with
everything we do, we focus on the priorities of your individual group
to find the optimum solutions to meet those needs.
Because of our market penetration, pools of expertise and sophisticated
negotiation strategy, we have been successful at negotiating preferred
pricing with multiple vendors and service providers that we are able to
pass through to our clients. Having multiple experts with underwriting
backgrounds on our team, combined with proprietary modeling technology
that mirrors that of the underwriters, we are further positioned to
represent our clients in receiving the ultimate flexibility from the
underwriters as well as the most responsive service available from
providers.
Our Approach
Our experts perform a complimentary needs analysis to gather
information on the existing plan and situation. Employers then list for
us their top priorities, including such elements as pricing, service,
discounts, pharmacy options, utilization management and other elements
deemed important by the client. We then we go out to the marketplace
and find the best proven platforms and providers to meet the optimum
needs and priorities of the client. We deliver customized options based
on the specific client priorities.
Our Expertise
Our model takes each element of your group health and welfare plan and
assigns specialists dedicated exclusively to that portion of your plan.
For example, our prescription drug specialists focus daily on providing
solutions to the rising cost of prescription drugs. These professionals
are experts at seeking out the best actively managed prescription
benefit managers to manage your drug costs. Our disability experts know
how to identify disability gaps and how to deliver the optimum
solutions to maximize these benefits at the most cost-efficient levels.
Your core medical expert delivers the packaged or unbundled solutions
that best meet your needs based on your specific priorities. A lead
consultant coordinates the combined effort.
Our model further includes access to the added expertise of
approximately 37 employment, labor and employee benefit attorneys
focusing specifically on the complexities of group benefit plans. These
experts provide complimentary employee benefit audits to determine
where employers can maximize their benefits through plan customization
and design. Our attorneys are experts in HIPAA, COBRA and other
regulatory law.
Rather than simply reviewing case studies to determine the most viable
options, our ERISA attorneys are among the few who are making case
study history. These professionals are the innovative elite who are
appointed to boards with the IRS and DOL and have challenged these and
other governing bodies to set the standards of compliance for other
professionals in the industry.
Depending on the options selected by our clients, this ongoing
expertise is provided seamlessly as part of an efficiently-packaged
solution.
Industry-leading Resources
Upon much research, due diligence and testing,
PremierSource has combined the expertise of several leading benefits
consulting teams under the PremierSource health and welfare consulting
model. Depending upon the specific case demographics, client
priorities, required expertise and resources, PremierSource
hand-selects the best in class specialists among these consulting teams
to represent its clients. PremierSource attorneys and relationship
management teams provide the ongoing relationship management and
integration of regulatory audits and compliance oversight for their
clients.
PremierSource researches
the market on an ongoing basis to continue to uncover the “best in
class” for all disciplines represented under its health and welfare
model. This research opens up additional pools of leading industry
resources in very specialized areas such as pharmacy benefit auditing,
network contract analysis, vendor contract review, TPA auditing,
actuarial services, legal, compliance and more.
Sample Plans
Our teams analyze the optimum funding mechanism for each employer,
comparing fully insured funding to minimum premium options and self
insured programs, along with all the ancillary products that accompany
such plans. Such ancillary products include dental, vision, cafeteria
plans, life, disability and long-term care.
For more information, please contact:
Teah Corley, President
John Kafer, Vice President, Business Development
Sarah Cain, Vice President, Administration/Marketing
(405) 228-7699 • (918) 574-3030 • (866) 239-4015