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
- Plan design
- Managed care (PPO, HMO, managed mental health and prescription drug plans)
- Wellness programs
- Employee communications
- Data analysis
- Cost projections
Self-Insurance of Health Benefits
- Self-insurance feasibility studies
- Implementation of self-insurance
- Aggressive bidding and renewal of excess risk insurance
- Assistance in selection of service providers (managed care organizations; pharmacy benefit managers, etc.)
- Claim administration
Self-Administration of Claims
Implementation Services
- Staff recruitment and training
- Administration software
- Service providers
- Resource 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 and Addiction Equity Act (MHPAEA)
- Medicare secondary payer (MSP) rules
- Medicare, Medicaid and SCHIP Equity Act (MMSEA)
- Patient Protection and Affordable Care Act (PPACA)
- State requirements
- Regulatory compliance audits
Benefits Aspects of Labor Negotiations
- Financial projections
- Projection of required contribution rates
- Pricing of benefit changes
Group Health, Disability and Life Insurance
- Plan design
- Aggressive competitive bidding
- Negotiation of renewals
Other Services
- Calculation of COBRA Rates
- Merger studies
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