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Do you know why your health care costs increased last year? Is the cost below or above the industry standard for your market? Is it because your health care benefits are too rich? How are your HR vendors performing against their SLAs? Are you sending them penalty invoices throughout the year for non-performance? Are you preparing to go out to bid in advance of their contract renewal? How about those Summary Plan Descriptions? Have they all been updated with the most recent ACA plan design changes? Can you prove they have all been distributed to your employees? Do you sleep well at night?
HighRoads can help. For more than 11 years, HighRoads has automated the benefits management process of hundreds of leading employers,reducing their health care costs and controlling their compliance. Because we do it through technology, we offer employers a Fortune 100-caliber service at Fortune 1000 prices. Working with HighRoads, you can benchmark your health care plans against your competition, use reverse auction techniques to take your benefits and HR plans out to bid, have us manage and monitor your HR vendor performance and contracts, and keep you in ERISA and ACA compliance by updating, managing, distributing, and tracking your SPDs.
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