A comprehensive resource for evaluating and designing your employee benefit plan
CBC has expertise and extensive experience in:

• Fully-insured markets
• Self-funded programs
• Consumer-directed concepts
• Wellness initiatives
• Ancillary benefit programs
  

Our goal is to align your employee benefit plan with best-of-class business partners to ensure your employees’ welfare. As the healthcare industry continues to change, CBC is prepared to assist employer groups who are interested in meaningful information to evaluate the cost drivers, trends and savings opportunities associated with their medical and prescription drug benefits. In addition, we work to evaluate the impact of various plan management initiatives and to forecast the impact of future plan changes.

Discovery Process
We utilize a detailed process to understand the goal of your program and obtain data and information necessary to
conduct analyses.

Analysis and Consulting
Detailed reporting to support informed decision making by your stakeholders:

Market Analysis

• Review of available administrators, carriers and other vendors required to support the Plan’s administration
  
• Comparison of products and services

Competitive Analysis

• Review of plan designs, contributions and funding models of competitors for your talent pool
  
• Review of plan metrics in comparison with national benchmarks
  

Actuarial Analysis

• Review and recommendation of required funding levels based upon proposed plan design options
  

Network Analysis

• Analysis of access requirements and availability of various provider types based upon geographic location
  
• Comparison of contracted discounts on the basis of CPT allowable, per diem amounts and stop-loss levels
  

Budget Analysis and Comparison

• Historical review of plan costs on a gross and net basis relative to projected amounts

Resources
Over 20 years of insurance and employee benefit experience combined with advanced analytic software.

• Our professionals leverage CBC’s market presence to negotiate with carriers on your behalf
• A state-of-the-art, analytical health and prescription claims decision support system that
  significantly impacts the way traditional claims information is viewed and utilized.
  • Benchmarks your health and Rx plan data against national norms of similar employers
  • Uncovers the root causes of rising medical and Rx costs
  • Offers plan design modeling tools
  • Projects health costs for high-cost claimants
  • Provides complex information in an easy-to-use and easy-to-understand manner
  • Helps you make faster and more effective decisions with real time data
    

Results
Accomplish your goals:

• Manage your plan to desired financial outcomes
• Create plan design options that allow you to attract and retain talent
• Track your results against goals and industry norms