BCI'S CONSULTING SERVICES
BCI provides a full range of consulting services with respect to group medical, pharmacy, dental, vision, life and disability benefits. Our key areas of focus include the following.
Health Benefits Cost Management
- Advanced plan design concepts
- Managed care (PPO, HMO, POS, mental health and prescription drug plans)
- Utilization review
- Wellness programs
- Employee communications
Self-Insurance of Health Benefits
- Self-insurance feasibility studies
- Implementation of self-insurance
- Aggressive bidding and renewal excess risk insurance
- Assistance in selection of service providers (managed care organizations; pharmacy benefit managers, etc.)
- Claim administration
- Data analysis
- Cost projections
Self-Administration of Claims
Implementation Services
- Office setup
- Staff recruitment
- Training
- Claim administration software
- Resource vendors & materials
- Privacy and security issues
Ongoing Services
- Advice on claim problems
- Advice on claim appeals
- Claim audits
Legal and Regulatory Compliance
- Employee Retirement Income Security Act (ERISA)
- Consolidated Omnibus Budget Reconciliation Act (COBRA)
- Health Insurance Portability and Accountability Act (HIPAA)
- Family Medical Leave Act (FMLA)
- Americans With Disabilities Act (ADA)
- Mental Health Parity Act (MHPA)
- Mothers' and Newborns' Health Protection Act (NMHPA)
- Uniformed Services Employment and Reemployment Rights Act (USERRA)
- Medicare Modernization Act
- Medicare secondary rules
- State requirements
- Regulatory compliance audits
Benefits Aspects of Labor Negotiations
- Financial projections
- Projection of required contribution rates
- Pricing of benefit changes
Other Services
- Calculation of COBRA Rates
- Merger studies
Group Health, Disability and Life Insurance
- Plan design
- Aggressive competitive bidding
- Negotiation of renewals
Fees
- Competitive hourly fees for most consulting work
- Estimated or fixed fees for well-defined projects
Client Satisfaction
- Contact our clients for their evaluation of our services