Our relationships with insurance carriers play a critical role in helping our clients offer their employees a cost-effective, well-managed benefits program. We have over 20 years of experience helping to ensure each employee’s generous contributions to their employee benefits packages is maximized to their fullest potential.
Through a combination of industry expertise, vendor relationships, and strategic planning tools; TDC Virginia Benefits & Risk Management will lead you through the employee benefit negotiation, evaluation, and placement process. TDC follows a five-step management process and utilizes a proven effective action timetable to ensure our clients receive a comprehensive and unbiased assessment of the market and new/existing carrier implementation is seamless. Our five-step management process includes:
- Set objectives
- Determine timeline
- Collect plan documents
- Analyze rate history
- Prepare census data
- Discuss ongoing and large claim information
- Benefit and cost analysis of all proposals
- Benefit recommendations formulated
- Presentation of analyses/recommendations
- Preparation of bid specifications
- Selection of markets/vendors to be solicited
- Submission of specifications to selected markets/vendors
- Ongoing communication with bidding vendors
- Collection of proposals
- Coordination of entire process with vendor(s) and client
- Coordinate/Conduct employee enrollment and education meetings
- Submit enrollment data to vendor(s) for approval
- Assist vendor with collection to underwriting data
- Assist cancellation of current vendor (if applicable)
- Provide necessary employee education materials and announcements
- Day-to-day service including:
- Meet with management and/or employees as scheduled and as needed
- Advise of state and federal regulations and changing benefit trends
- Initiate and manage renewal processes
- Identify problem areas and recommend solutions
- Provide advice/consultation on all areas of employee benefits
- Assist with/provide on-going employee communication