Strategic planning can help you manage costs while increasing efficiency and productivity in a complex business environment. You should intentionally plan for market trends and regulations that will affect you now and in the future. You need to be knowledgeable about current developments to be nimble enough to adapt to future changes. Being prepared is your best strategy.
Achieving your long-term goals and strengthening your bottom line won’t happen by implementing ill-conceived solutions. It takes a high-level view, big-picture thinking and a consultative leadership approach to devise and implement a comprehensive strategic plan. Our strategic planning process identifies your short- and long-term goals, reveals strengths and opportunities, weighs the potential impact of industry trends and regulatory compliance and aligns with your culture.
The results provide a mutual understanding of your company’s vision and an actionable roadmap that tells you how to reach it. We will be there to ensure that all of your tactics, and the people responsible for carrying them out, are working to fulfill your goals.
Frequency and severity of large claims are on the rise as the cost of medications and treatment continues to increase. Large claims are also more likely to be ongoing and have repeated high annual costs. These factors, combined with the elimination of lifetime claim maximums under the Affordable Care Act (ACA), have created disruption in the normally sleepy stop-loss world.
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Employers know that to attract and retain the best talent, they need to offer competitive wages and employee benefits. But providing benefits to highly compensated employees can be tricky. How can employers make sure they are offering the best benefits to attract and retain their top executive talent?