1. CORPORATE BENEFITS
WHAT KEEPS YOU
UP AT NIGHT?
Today’s workforce has come to expect a comprehensive benefits package. With the right benefits and cost, an
employer can attract and retain the best personnel. Below are a series of questions to help you get started.
How are you staying up to date on Healthcare
Have you been educated on Consumer Driven
Reform and its effect on your business?
Health Care and how it could help control costs?
• Do you know what taxes and fees will be assessed
• Do you know how to structure your medical plan to
to you based on your benefits choices? reduce premiums and control cost long term?
• Are you providing the correct notices based on the
• Do you know the difference between all of the
regulations effective September 23, 2010? funding vehicles currently out there – HSA, HRA,
FSA, etc.?
• Do you understand how the Reform will impact you
and your employees both short and long term? How are employees educated about the inherent
value in the benefit programs you provide?
Are you certain that your benefits package
is compliant currently? • Do employees realize how big a part of their
compensation packages benefits are?
• Are you in compliance with all 41 unique
requirements of a typical benefits package? • Have employees been made aware of the discounts
and added values included in every benefit
• Is your Section 125 plan set up correctly and have
program?
you updated your SPD accordingly?
• Are the benefits consolidated and presented
• Do you have to file a 5500 and who is helping you
annually in a way that is easy for employees to
prepare and complete it annually? understand?
Is the money you spend on employee benefits
W
hat about my other offices domestically and
used as efficiently as possible? abroad – what can I do for those employees?
• As the economy continues to change are you
• Does your broker have the scope and resources to
staying within industry trends in terms of package properly service your multiple locations?
offerings?
• How do you protect employees when traveling
• Can you be more creative with how you share
nationally and internationally?
cost with employees so no one employee is
overburdened? • Do you have programs in place for local nationals
and ex-pats in your international locations?
Partnering with Lenox Advisors allows you to work with knowledgeable, experienced professionals who can help you
develop and manage every aspect of your benefits package. By becoming an extension of you and your company,
we help you become more strategic (and less administrative), allowing you to focus on your other responsibilities.
Lenox Advisors. Integrating financial security into financial success.
Learn more at www.lenoxadvisors.com
CRN201210 – 141056 © 2012 Lenox Advisors, Inc. All rights reserved.