Benefits Consulting
GCP offers strategic consulting services to mid-size and large employer sponsored plans. We strive to align employee health and benefit plans with business needs and human resource strategies.
Benefits Assessment - the right plans for the organization at this time?
Cost analysis - are the plans you offer being delivered at the right cost to you and to your employees?
Vendor analysis - do you have the right vendors for your plans and population distribution?
Advisor/Broker review - are you overpaying for the guidance and direction you are receiving from current advisors?
Sample Projects:
Strategic Planning - mullti-year plan to manage all employee benefits.
Guiding Principles - develop over-arching principles for benefits to help guide Senior Management and HR Leadership in design of plans.
Cost Reviews - Assess historical costs of plans and establish appropriate benchmarks to monitor costs going forward.
Care and Cost Management - creating a strategy to encourage participants to take care of their health and expenditures.
Mergers/Acquisitions - formulating strategies during major change periods due to mergers and acquisitions.