CBS LLC, in partnership with Heritage Consultants-Professional Administrators, can provide customized group health plans for employer groups of 25 lives or more. Employers will have the ability to create a plan that best suit their particular company’s needs, rather than try to fit into a “canned” plan. The employer will also have the ability to choose among various PPO networks to find the best fit in terms of discounts, as well as coverage for their employee population. Finally, the employer will have access to their claims data via standard monthly reports, quarterly on-site claim reviews, as well as access via a web-based reporting tool.
CBS LLC, in partnership with Heritage Consultants-Professional Administrators, can provide customized workers’ compensation / general liability programs for employer groups whose current annualized premium is $500,000 or more. Significant savings can be realized through the implementation of a self-funded workers’ compensation program. This is due to the fact that any unused claims dollars are retained by the employer rather than going back to the insurance company. Some clients have realized savings in the range of 40-50% by moving from a traditional fully-insured program to a self-funded program. Additionally, Heritage Consultants-Professional Administrators maintains an OSHA-certified engineer to assist in the areas of workplace safety, ergonomics, etc.
CBS LLC can provide consulting services in the areas of healthcare plan review, data analysis and general consulting. Past projects have included full plan reviews used as the basis for retooling an employer group’s health plan, as well as the creation of customized data applications for use by employer groups, insurance consultants, etc.