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AscendeSM is present at every step of the process. During the program management phase, we:
Develop an annual Project Plan
- Vendor renewals
- Planned market reviews
- Assistance with corporate budget process
- Annual enrollment periods
- Key dates and deadlines (5500 filing, planning meetings, etc.)
Prepare and maintain a Reference Binder
- ERISA summary
- Vendor summary
- Plan summaries
- Plan documents
- SPD's
- Policies, contracts and agreements
Manage Vendors
- Performance monitoring
- Relationship management
- Intervention on issues not resolved through normal channels
Build Underwriting Analysis and Forecasts
- Self-funded plan budget rate/COBRA rate development
- Reserve analysis
- Budget vs. Actual reporting (Profit/Loss)
- Insurance company (and other vendor) financial accounting analysis
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