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Benefits Consulting

From philosophy and strategy, to implementation and compliance, HKP can take a lot off your plate with our health care consulting services. Through research, knowledge and collaboration, we can help you answer the complex questions surrounding health care benefits and reform.

HOW CAN WE HELP?

Benefits Consulting

The questions surrounding health care benefits have traditionally been the most complex that face employer groups. The implementation of health care reform has only made the questions more complex and the answers more difficult to find.

That’s why you need the comprehensive, unbiased approach to health care benefits offered by HKP. Our industry experts work collaboratively on your behalf to give you the full picture. This includes:

Business philosophy behind health care
  • Sponsorship of health plan
  • Actual/target budget for health coverage
  • Contributions toward health coverage
  • Inclusion in total compensation package
Applicability of ACA
  • Shared responsibility applicability
  • Common ownership/aggregation analysis
Health care benefits strategy development
  • Defined benefit vs. defined contribution
  • Options available if sponsoring a health plan
  • Options if NOT sponsoring a health plan
  • Total cost analysis and Pay vs. Play analysis
  • Tax implications of strategy
Implementation, compliance and ongoing monitoring
  • Vendor review and selection
  • Communication strategy development and implementation
  • Development of ongoing compliance monitoring program
  • Continuous review of tax and regulatory environment

With our health care industry experts on your side, you are now considering the costs and benefits and addressing the potential pitfalls. Get the full picture by working with the health care expertise at HKP.

Employer benefits blogs

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