Deep In-House Actuarial Services to Guide Your Plan
When it comes to managing rising healthcare costs, Alera Group offers the actuarial and finance expertise you can count on to optimize your benefits plan and drive value to your organization and employees.
Alera Group’s dedicated actuarial team can help you:
- Develop program strategy with a long-term view of costs and potential claims liability
- Determine the impact of program and vendor changes
- Set program budgets for planning and reporting, and monitor emerging experience against budget
- Analyze claims experience and population health trends
- Support for retiree plans, including an analysis of creditable coverage, retiree drug subsidy (RDS) attestations and actuarial valuations.
Financial Management Approach
Alera Group offers comprehensive financial management services and analysis across all aspects of your benefits program, including:
Program Strategy
Develop a baseline of long-term costs and potential cost variability. Assess the potential impact of a program strategy and vendor changes and conduct a risk assessment.
Cost Projections
Develop and update budget projections, set rates and provide long-term cost projections.
Plan Governance
Provide regular monitoring and an executive dashboard, identify key cost drivers and conduct large claims reporting.
Financial Reporting & Reserving
Establish incurred but not paid (IBNP) reserve, conduct retiree medical valuations and provide quarterly financial reporting support.
COVID-19 and Mental Health Trends
Managing rising numbers.
COVID-19 and Utilization
Impact on usage, spending and strategies.
EXPERT EDUCATION
Events and Webinars
Employee Benefits
Supporting Women’s Health Month: Trending Employee Benefits
In this session, we’ll talk about how employers are helping female employees and dependents be their best through every phase of life: From fertility, maternal care and parenting to peri/menopause, caregiving and mental health.
May 16, 2024 at 01:00 pm CT | Virtual
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Employee Benefits
Q2 Compliance Update
Alera Group's quarterly employee benefits compliance roundup will help you stay current on the latest national regulatory developments impacting employers.
June 4, 2024 at 01:00 pm CT | Virtual
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Employee Benefits
Optimize Your Benefits: A Three-Pronged Approach
Want to lower healthcare costs and enrich your benefits program at the same time? If so, this webinar is for you.
June 20, 2024 at 01:00 pm CT | Virtual
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THOUGHT LEADERSHIP
Insights
Employee Benefits
This Mental Health Awareness Month, ‘Run Your Own Race’
May is Mental Health Awareness Month. Here are tips and resources to help you get started on the route to a happier, healthier you.
April 25, 2024
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Employee Benefits
Webinar: The Ins and Outs of PEOs
Providing employees with a robust benefits program is vital to attracting and retaining staff while growing an organization, but many small and medium-sized businesses lack the resources and time necessary to manage such a program. Professional employer organizations (PEOs) offer a solution. Alera Group's April 15 webinar, "Finding, Using and Transitioning Out of a PEO" will address the basics and help you strategize.
April 4, 2024
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Show Why Your Voluntary Benefit Offerings Make You an Employer of Choice
If you’re a business owner or benefits manager seeking to optimize your employee benefits offerings, you won’t want to miss Alera Group’s March 21 Engage webinar, "How Voluntary Benefits Inspire Employee Loyalty." During the one-hour session, our panel of Alera Group experts will discuss how voluntary benefits serve employers as well as employees, enabling employers to show they recognize the varied needs of their workforce by providing supplementary offerings in a cost-effective manner.
March 5, 2024
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Webinar: Weight-Loss Drugs and Group Health Plans | Alera Group
Rising pharmacy costs are among the chief drivers of healthcare expenses for employers and employees, thanks largely to a surge in use of drugs you’ve seen advertised in those ubiquitous commercials. Given the cost of such drugs and their mixed record of success, employers and employees should exercise caution.
February 6, 2024
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