Phase One – Determine Overall Plan Strategy

• Determine management’s philosophy and perception of employee benefits
• Conduct an employee survey to determine needs
• Evaluate current benefits in light of your company’s anticipated needs
• Examine financial considerations – budgets and funding mechanisms
• Address regulatory issues such as employee eligibility, and contract compliance
• Set objectives and timing goals for completion of all phases

Phase Two – Plan Design

• Design client specific marketing package for distribution to various plan providers
• Negotiate with prospective and/or current benefit plan providers
• Produce detailed report for management outlining recommendations
• Assist in selection of benefit providers and specific plan design
• Evaluate contributory schedules

Phase Three – Plan Implementation

• Hold enrollment/information meeting with new providers
• Design custom benefit booklet
• Coordinate all avenues of communication
• Conduct training of selected employees, chosen to help fellow employees understand the program
• Oversee transfer of benefits

Phase Four – Ongoing Service and Communication

• Assign a Lang Financial Group employee for all claim and benefit questions
• Provide updates on topical issues
• Coordinate discussions with employee groups and administrative contacts
• Conduct informal meetings with employees to address questions and concerns
• Initiate renewal process
• Analyze renewal package re-examining overall objectives outlined in Phase One

At Lang Financial, our hallmark is to answer your questions, help you explore your options and assist you in making the right decision.
Contact us.