But, to your employees, benefits represent more than just cost. Benefits are the tangible evidence of your commitment to their well-being – both now and long into the future. That’s why it’s so important that employee benefit strategies align with your business objectives and organizational mission. Otherwise, your plans will be viewed as just another entitlement.
Despite the emotional associations most employees have with benefits, there are steps you can take now to reframe your plans and limit your financial and reputational exposure. At Sullivan, Cotter and Associates, Inc., our exclusive focus is on optimizing plans for health care and not-for-profit employers. We have extensive experience with successful program changes. And, as the industry’s only fully independent consulting firm, we have the objectivity and credibility to advocate solutions that not only help better manage your costs, but also increase the value you deliver to your people.
Most benefit consultants delve right into plan design and financials. But as health care and not-for-profit employers, you have a distinct culture driven by factors such as patient satisfaction and quality service delivery. Compared to national norms, your employees have much higher (and often more unrealistic) expectations about benefits. For this reason, “standard” approaches to benefits, like low-cost medical and volatile pension plans aren’t sustainable. You need approaches more tailored to your competitive environment and the flexibility to adapt to changing business and regulatory conditions.
That’s why SullivanCotter’s approach goes “beyond just the numbers.” We delve into factors such as plan utilization, participant health risk factors and employee benefit decision-making processes. The result? The ability to:
SullivanCotter is independent. We don’t accept third-party commissions or referral fees; you get consultants who represent your interests exclusively. And you get solutions based on an objective perspective, informed by extensive industry experience and supported by sound market and financial data.
The SullivanCotter difference is simply a benefit strategy that goes beyond just cost management. We bring you the ability to use benefits to generate a greater sense of employee commitment and have a more positive impact than ever.