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Benefits Retain People Services


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Outline of the amazing number of services outside the normal insurance broker offering provided by BRP

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Benefits Retain People Services

  1. 1. Benefits Retain People LLC Capabilities Presentation
  2. 2. Benefits Retain People, LLC Strategic Partner L & P History <ul><li>Established in 1954 </li></ul><ul><li>Largest privately owned insurance agency in the Mid-South </li></ul><ul><li>Staff over 100 professionals, including 12 dedicated to employee benefits </li></ul><ul><li>Assurex Partner Agency </li></ul><ul><li>Areas of Expertise </li></ul><ul><ul><li>Employee Benefits </li></ul></ul><ul><ul><li>Commercial Lines </li></ul></ul><ul><ul><li>Personal Lines </li></ul></ul>
  3. 3. The Council <ul><ul><li>Unique corporation owned by select group of independent insurance brokers </li></ul></ul><ul><ul><li>Only firm member in geographic market </li></ul></ul><ul><ul><li>Membership allows us to conduct business globally </li></ul></ul><ul><ul><li>Johnny Pitts, Lipscomb & Pitts Chief Manager, serves on the board </li></ul></ul><ul><ul><li>Lipscomb & Pitts has been a member for 8 years </li></ul></ul><ul><li>An association of leading commercial insurance agencies & brokerage firms </li></ul><ul><li>Only top one percent of all agents & brokers qualify </li></ul><ul><li>Johnny Pitts, Lipscomb & Pitts Chief Manager, serves on the board </li></ul><ul><li>Lipscomb & Pitts has been a member for about 10 years. </li></ul>Assurex
  4. 4. BRP and L&P Key Relationships <ul><li>ADVISORY BOARD TO 5 MAJOR CARRIERS: </li></ul>OTHER KEY RELATIONSHIPS:
  5. 5. Our Commitment to You… <ul><li>Deliver tailored benefit solutions </li></ul><ul><li>Strategic planning </li></ul><ul><li>Provide actuarial services and data analysis </li></ul><ul><li>Offer custom communications and HR services along with technology-based solutions that result in sustained customer and employee satisfaction. </li></ul>
  6. 6. <ul><li>We believe in maintaining the same service team from start to finish. We do not pass our clients off to the “B” team after the sale. </li></ul>
  7. 7. <ul><li>What are your </li></ul><ul><li>HR & Employee Benefit Challenges? </li></ul>
  8. 8. What makes our offering unique? <ul><li>Our Expertise in Sustainable Benefit Consulting </li></ul><ul><li>And </li></ul><ul><li>Our Package of Value Added Services </li></ul><ul><li>We can make an HR Executive’s much easier! </li></ul>
  9. 9. Benefits Retain People LLC HR Solutions <ul><ul><ul><li>Professionals dedicated to your Human Resource and Benefit needs </li></ul></ul></ul><ul><ul><ul><li>Plan Administration & Legislative Compliance </li></ul></ul></ul><ul><li>- HIPAA, COBRA, ERISA, FMLA </li></ul><ul><ul><ul><li>ERISA attorney – Lawrence & Russell, LLP </li></ul></ul></ul><ul><ul><ul><li>- Plan Document Work, Research, & Compliance </li></ul></ul></ul><ul><ul><ul><li>HR Services </li></ul></ul></ul><ul><ul><ul><li>Wellness Planning </li></ul></ul></ul>MyWave
  10. 10. HR Custom Communications <ul><li>Benefits Education </li></ul><ul><li>Benefits Forms & Announcements </li></ul><ul><li>HR Forms & Communications </li></ul><ul><li>Full Service Online Enrollment options </li></ul>
  11. 11. Value Added Analytical Tools Has Your Broker Identified Your Major Cost Drivers In Your Benefit Plan? How Does Your Broker Assist You In Addressing These Issues? WE DO!
  12. 12. Benefits Retain People’s Standard Technical Consulting Services <ul><li>Ongoing Strategic planning </li></ul><ul><li>Regularly Scheduled Meetings </li></ul><ul><li>Annual Benchmarking Study </li></ul><ul><li>Advance Renewal Notification </li></ul><ul><li>Plan Marketing as Needed </li></ul><ul><li>Day-to-Day Administrative Back-Up </li></ul><ul><li>Claims and Billing Resolution Assistance </li></ul><ul><li>HR Services </li></ul>
  13. 13. Standard Services Continued <ul><li>Our Health Plan Management Report provides you with the following exhibits: </li></ul><ul><li>Health Plan Costs </li></ul><ul><li>Employee vs. Dependent Claims </li></ul><ul><li>Inpatient and Outpatient Claims </li></ul><ul><li>Claims by Age </li></ul><ul><li>Claims by Place of Service </li></ul><ul><li>High Cost Claimants </li></ul><ul><li>Inpatient Hospital Usage </li></ul><ul><li>Office-Clinic Usage </li></ul><ul><li>Inpatient Surgery </li></ul><ul><li>Inpatient Mental Health </li></ul><ul><li>Outpatient Surgery </li></ul><ul><li>Office Visits </li></ul><ul><li>Outpatient Mental Health </li></ul><ul><li>Lifestyle-related Claims </li></ul><ul><li>Disease Management </li></ul><ul><li>Utilization At-a-Glance </li></ul>
  14. 14. The Health Plan Management Report
  15. 15. What’s Driving Your Claims? <ul><li>Claims History </li></ul><ul><li>Inpatient Surgery </li></ul><ul><li>Office Visits </li></ul><ul><li>Radiology </li></ul><ul><li>Outpatient Behavioral Health </li></ul><ul><li>High Cost Claims </li></ul><ul><li>Outpatient Surgery </li></ul><ul><li>Chiropractic </li></ul><ul><li>Laboratory </li></ul><ul><li>Inpatient Hospital </li></ul><ul><li>Emergency Room </li></ul><ul><li>Physical Therapy </li></ul><ul><li>Inpatient Behavioral Health </li></ul><ul><li>Wellness </li></ul><ul><li>Disease Management </li></ul>
  16. 16. Drill-Down
  17. 17. <ul><li>An independent third party, to provide analytical services/helpful in negotiating with carrier on renewal </li></ul><ul><li>90% of top 50 Health Insurance Carriers have their manual rates developed by Milliman </li></ul>
  18. 18. Actuarial Services <ul><li>Core Services for </li></ul><ul><li>Our Fully Insured Clients </li></ul>Core Services for Our Self Insured Clients
  19. 19. Premium Actuarial Services Available <ul><li>Discount Analysis </li></ul><ul><li>Mergers & Acquisitions </li></ul><ul><li>FAS 106/GASB 45 Valuation </li></ul><ul><li>FAS 112 Valuation </li></ul><ul><li>Benefits RFP </li></ul><ul><li>Compensation Study </li></ul>
  20. 20. Employee Benefits Division Client Johnny Pitts Mat Lipscomb, III Chief Managers Richard McKinley, CEBS Senior Vice President Karen Blount Account Manager Donna Minor Account Manager Mary Marshall Account Manager Leigh Williamson Account Manager Claire Rainey Account Manager Daniel Roberson Employee Benefits Coordinator Craig Wright, CEBS Employee Benefits Consultant Cristi Bullard Supervisor Betsy Kamler, PHR Communications Director Melanie Zachary Account Manager
  21. 21. 4 Keys to a Lasting Relationship with Our Clients <ul><li>Trust Matters </li></ul><ul><li>Do what is best for the client </li></ul><ul><li>Price (Cost) Matters </li></ul><ul><li>We Manage Your Costs (Direct & Indirect) </li></ul><ul><li>Service Matters </li></ul><ul><ul><li>Consulting Broker </li></ul></ul><ul><ul><li>Wealth of Insurance, Benefit and HR Services & Information </li></ul></ul><ul><li>Coverage Matters </li></ul><ul><ul><li>Innovation </li></ul></ul><ul><ul><li>More Employee Choice & Involvement </li></ul></ul>
  22. 22. Your Benefits Retain People Benefit Solution Strategic Planning HR Services Data Analysis Actuarial Services Client
  23. 23. <ul><li>Benefits Retain People LLC and Lipscomb & Pitts have the ability to provide to you the day to day personal services of a regional broker BUT with data analysis, strategic planning, actuarial services, custom communications and HR tools that are usually only available to Fortune 500 Companies FOR ADDITIONAL FEES. </li></ul><ul><li>And as part of our comprehensive service package for our clients at NO ADDITIONAL COST! </li></ul><ul><li>Thank you for your interest in us! </li></ul>