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The Added Value
Savings Self-funding improves a company’s cash flow by retaining custody of healthcare funds and giving the employer greater control of how and when scheme funds are spent. Self-funding saves money by reducing most of the overhead costs associated with fully-insured programs and eliminates the need to fund the insurance carrier’s Profit, administration overhead, reinsurance premium, marketing costs etc.
Control Our healthcare delivery system helps you in balancing employee goodwill and cost control by eliminating those exclusions and restrictions that curtail benefits while monitoring overall healthcare budgets. We produce timely reports that allow employers to evaluate the on-going success of the Self-Funded scheme. Utilization reports track overall scheme performance in a user friendly format
Freedom Because of our independence, we have the freedom to design completely unique coverage options that help each client meet their individual health benefits goals. We can refine any existing healthcare plan or design an innovative new healthcare plan including setting up of a new Healthcare Provider Network of the clients’ choice. We will even design options that reflect the needs of a particular industry or the age or gender demands of a particular workforce
Peace No matter how successful a Self-Funded scheme may be at reducing costs, its ultimate success or failure rests in how well the scheme is received by the employees who use the scheme. A scheme that is well received by employees results in fewer time consuming complaints and a happier, peaceful and more productive workforce
Flexiblility Ensures that employers can choose from among any of the popular healthcare plan formats available — whether it is contributory, co-payment, per family, per individual or a hybrid format. Flexibility also means our consultants can design programs reflecting the health concerns of a specific industry, or work-force; factoring in coverage options that account for variations in age, gender or industrial risk
Expertise The difference between StaffPlan and other benefits’ programs becomes obvious the moment a prospective client contacts us. Immediately, a Scheme Consultant conducts a comprehensive review of the employer’s current healthcare plan and the history of employee use and costs. This information, combined with the client’s objectives in pursuing a self funded program are factored into the design of an appropriate healthcare scheme package specific to each of our clients
Technology We have designed and implemented a scheme administration system that combines the latest in technology with professional management and human oversight to deliver a near flawless administration and bills’ adjudication procedure. The goal is to protect employer funds while guaranteeing employee satisfaction
Excellence Commitment to excellence starts at the top. Under the skillful, dedicated and demanding leadership of our Board of Directors, we became an industry leader by giving clients personal, hands-on service and exceeding their expectations. Our management team make sure they understand your business as they understand their own
Experience StaffPlan has built its industry leading reputation by subscribing to a simple credo: effortless Corporate Benefits! Not content with merely outperforming other industry players, we have made service excellence readily attainable by demanding more of ourselves and investing in quality people and state-of-the-art Information Age technology
Win Win Engaging a benefits administrator like StaffPlan gives you the time and energy to focus on the core Human Resource tasks while ensuring manageable health benefit costs, without the headaches and hassles of managing a Staff Healthcare Plan |
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