|
Maintaining a comprehensive, flexible, cost effective employee benefits program
is not a one size fits all proposition. There are many factors involved in the
proper evaluation, negotiation, and installation of a benefits program that is
well received by employees and within the budget of the organization. The
Melita Group brings experience and expertise to this process to take the
guesswork out of the entire employee benefits evaluation and implementation
process.
The Melita Group can help you turn the potentially arduous task of benefits
selection and implementation into a process that yields a positive result for
both you and your employees. Using our proprietary Insurance Plan Rating Index
(IPRI) tool and our extensive knowledge of the industry we can assist you with
objectively evaluating the quantitative and qualitative factors that should go
into a comprehensive employee benefits program analysis. The IPRI assigns a
value, or score, to every insurance carrier in the market (includes all lines
of coverage including medical, dental, vision, life, disability, EAP, FSA/Sect
125/Cafeteria plan, etc). The IPRI is only a small segment of the total
benefits evaluation package provided by The Melita Group at no cost to our
clients and prospects. The standard proposal package includes:
-
Pricing/coverage details for all carriers in the marketplace.
-
Insurance Plan Rating Index (IPRI) score for all carriers.
-
Detailed breakdown of services provided by The Melita Group included in our
standard service offering.*
-
Benchmarking data including industry data on plan design, premium
contributions, etc.
-
Other proprietary reports and content to assist our clients in making an
educated decision as to what products and services to install and maintain.
Key Benefits Consulting Services:
Extensive Qualitative and Quantitative Analysis of the entire
benefits product marketplace.
Selecting the right employee benefits products and services is a critical
component to the overall structure of a quality, cost effective benefits
program. Given the difficult to measure, qualitative factors associated with
insurance products it is necessary to conduct a thorough evaluation of all
qualitative and quantitative factors of the numerous products available in the
market. At The Melita Group, we take this task seriously. Our methodologies for
providing our clients with the data necessary to make educated, informed
decisions is unparalleled in the industry.
Alternative Funding Analysis (i.e. Partially self funded,
HR's, HSAs, ASO).
Because every employers goals, objectives, and demographic factors are
unique, there is no single best type of insurance program for all companies.
Additionally, the marketplace is changing and new and innovative insurance
programs are on the rise. When advising our clients we take a practical
approach to evaluating all relevant factors to assist our clients with
determining the optimal funding mechanism for their benefits programs.
Cost Control Strategies.
With insurance premiums out of control it is important for employers to
implement various traditional and non-traditional strategies to minimize the
costs associated with providing insurance benefits to their employees. At The
Melita Group we see it as one of our key responsibilities to work with our
clients to advise them of such programs to keep their costs at a minimum
without impacting the quality of their benefits program.
Strategies to increase employee satisfaction and loyalty.
Responsive benefits support. Employee self-service technology. Benefits
statements outlining the employer costs associated with providing employee
benefits. Onsite health fairs. Company sponsored fitness/health programs.
Community involvement programs. These are just a few of the many potential
programs and strategies that can be employed to contribute to the overall job
satisfaction and loyalty among employees. The Melita Group can consult with our
clients to assist them in identifying and implementing the appropriate programs
to achieve this goal.
Benchmarking Data.
Making informed decisions requires relevant and accurate data. The Melita group
provides our clients with industry benchmarking data to assist them making the
decisions necessary to maintaining a competitive benefits program and
competitive compensation structures.
Merger/Acquisition Assistance.
Acquiring or merging with another business is a major undertaking for any HR
department. To assist our clients we have developed a regimented system
including a comprehensive checklist of all steps that must be taken to properly
complete transition process from start to finish.

|
 |



"Thanks to The Melita Group we received a single digit rate
increase from our medical carrier in a market where trends were well into the
double digits. As a result we saved over $200,000."
Pam Petriello, Director, Human Resources
|