STEP 1: Clients Needs Evaluation

Prior to structuring a strategy and plan design, Premier Insurance conducts a thorough evaluation of your current corporate climate and benefits. We use various techniques such as interviews, and confidential employee surveys to get a broad overview of your current situation, including:

  • Short and long-term goals

  • Forecasted growth

  • Current employee recruitment, satisfaction and retention levels

  • Projected benefits budget

  • Employee perspectives on the value of current benefits

This evaluation serves as the foundation for setting clear, strategic plan design goals, considering value-added programs, and identifying areas of potential cost savings.

STEP 2: PLAN DESIGN

Based on the results of our Client Needs Evaluation, we work collaboratively with you to make informed plan design decisions with confidence. We’re there to help you stay focused on:

  • Augmenting or removing programs that are working or failing

  • Incorporating effective cost containment strategies

  • Supporting larger goals, such as motivating your workforce or encouraging wellness

  • Choosing benefits that will help attract and retain quality employees

Throughout the plan design process, we work as an extension of your HR team — with open communication, dynamic collaboration and a unified vision for maximum results.

STEP 3: MARKET ANALYSIS

Based on your specific needs and plan design, we implement a customized market analysis to identify potential cost-saving opportunities before moving forward with procurement.

Our resources for this process include:

  • Financial analysis

  • Provider network analysis, continuity of care

  • Conducting cost/benefit analyses

  • Benchmarking data for showing plan designs and costs — extremely useful for decision-making

By using these resources to facilitate comprehensive market analysis, organized request for proposal (RFP) services and plan renewal negotiations, Premier Insurance helps to keep your procurement on strategy and your costs under control.

STEP 4: CLIENT PROFILE

To meet your ongoing reference needs and provide a sense of closure after procurement of renewal, we provide you with a summary of all benefits, rates, vendor contact information and more.