Lindsey Business Group offers a broad spectrum of employee benefit related products and services:
•Group Medical Coverage
•HSA – Health Savings Accounts
•Fully Insured and Self-Insured Plan Designs
•Group Dental Insurance
•Group Vision Insurance
•Group Life / AD&D
•Group Short-Term (STD)
•Group Long-Term (LTD) Insurance
•Voluntary Employee Benefits
•Group/Individual International Coverage
•Employee Assistance Programs (EAP)
•Section 125 / Cafeteria Plans
Premium Only Plans (POP)
Flexible Spending Accounts - unreimbursed medical
Child and Adult Dependent Care
Sec. 132 Transportation Plans
•Employee Benefit Statements
•Development of Employee Benefit Guides
•COBRA and HIPPA Compliance
Employee Benefits Planning & Administration
Lindsey Solutions will introduce effective strategies to control your healthcare costs, achieve appropriate communications between all parties, and provide the highest level of customer service. Lindsey Solutions will also offer additional administrative services, including COBRA Administration and Total Compensation Statements. Lindsey Solutions will work towards identifying and remedying areas of potential compliance exposure, to prevent unnecessary fines and legal troubles. We will provide the necessary materials to communicate and distribute to your employees, who will in turn, understand and appreciate the benefits you provide.
Strategic Benefits Planning
Competitive employee benefits packages are essential for attracting and retaining quality employees. The rising cost of health care is driving up premiums and putting these benefits at risk as budgets get squeezed. Cutting benefits may seem like a necessary reality for some companies, but doing so can have serious long-term consequences.
Retaining employees throughout these rocky economic times is vital. Experts are predicting substantial exodus of employees to other companies based on their perceptions of their current employer. How you treat your employees now can significantly impact how your company remains competitive once the economy rebounds. By conducting a Strategic Benefits Plan, Lindsey Solutions can help you find ways to contain or even cut costs while still offering competitive benefits.
Employee Benefits Review
We will conduct a thorough review of all benefits and determine how they fit into your corporate goals and objectives. In addition, Lindsey Solutions will review of each type employee benefit to confirm its competitiveness in the marketplace. We will create in-depth comparison charts of alternate Carrier options for decision analysis.
Benefits Planning Process
After many years of providing employee benefit programs for numerous clients; Lindsey Solutions has developed a process to target your needs and those of your employees. Our experienced professionals leverage this process to gain a thorough understanding of your business and identify your distinctive requirements. The result is that we can provide you with the most innovative and cost-effective solutions.
(Timeframe: 3 to 4 months prior to renewal date)
Review corporate goals and financial objectives related to benefits
Gather all information and data, including employee demographics, claim history, etc.
Identify benefit design requirements and administrative needs
Jointly develop short and long term goals
Set forth dates and times for managing the upcoming renewal
(Timeframe: 60-90 days prior to renewal date)
Prepare & review industry specific benchmark, if available for ABSOLUTE BUILDERS industry type
Review prior plan’s financial performance
Review renewal benefits and plan design
Send RFPs to alternative insurance carriers
Identify plan design alternatives
Identify alternative funding options, HRA / HSA, and self-insurance
Prepare Custom Plan Design
(Timeframe: 45-60 days prior to renewal date)
Analyze plans received from insurance carriers
Present marketing results, evaluations of alternative plan designs, financial analysis and funding solutions
Present industry comparisons
Negotiate offers with insurance carriers
(Timeframe: 20-45 days prior to renewal date)
Review administrative materials and procedures
Review the accuracy of employee booklets, plan document, master contract and initial premium statement
Prepare and/or review employee written communications
Prepare employee benefits summaries
Conduct employee communication meetings
Employee Benefit Support Services
As a valued employee benefits customer our clients will receive the highest level of customer service and support. We feel strongly about giving back to our clients through exceptional customer support, expert planning, and tools to help with administration.
Here is a sampling of our employee benefits related services:
Assist employees with understanding their benefits
Federal Compliance Assistance
Health Care Reform
Creation of employee communication materials
Online Enrollment & Consolidated Billing Support
Includes private healthcare marketplace
Financial modeling of employee benefit program
Decision tools for employees
Online benefit administration services provide a more manageable, simplified, and flexible employee benefit enrollment process.
Customized Rules-Based Enrollment Platform
Carrier Systems Integration
Payroll System Integration
Employee Paperless Self-Service Web Access
Enrolling employee benefits including medical, dental, life, vision, prescription drug, disability, retirement, FSA, HSA, and more
Includes voluntary benefits individually selected by employees, such as disability income, long-term care, pre-paid legal, etc.
HR Management & Reporting Website Access
Employee email communications directly through the system
Automates all enrollment processes such as Benefit Credits, Guaranteed Issue, Evidence of Insurability, and Beneficiary Management
Eliminates costly printing of ERISA and other documents such as Summary Plan Descriptions, Employee Handbooks, claim forms, and benefit booklets, etc.
Allows existing employees to enroll in their benefits during open enrollment or to create qualifying events after open enrollment and new employees to sign-up during their new-hire enrollment period
Determines employee eligibility and calculates benefits & costs based on your specific benefit rules
Show your employees the real value of working for your company...
Lindsey Business Group, LLC
3923 Old Lee Highway, Ste 62D