Corporate Consulting > Employee Benefits

Every business is faced with the objective of creating the ideal combination of benefits that will attract, retain and reward valued employees. The challenge lies in balancing this objective, from a financial perspective, against the investments, resources and planning devoted to ensuring the Company’s future growth and success. Many companies rely upon “off-the-shelf ” strategies to meet these needs. The Warner Companies’ process is founded in a different approach.

The Warner Companies gets to the core of what drives benefit plan costs and offers streamlined solutions for controlling those drivers. Our rigorous, data-driven approach provides accountability, transparency and flexibility.

STRATEGIC PLANNING

The Warner Companies considers our clients’ specific goals and objectives when customizing recommendations that fit their needs and culture. We evaluate the current status, create strategies and action plans for each of these eight (8) areas on an ongoing basis:

1. Plan Design
2. Risk Reduction
3. Employee Cost Share
4. Networks
5. Health Improvement
6. Condition Management
7. Communication
8. Compliance

Our strategic planning process delivers a three (3) year vision, addressing our clients’ short-term and long-term goals for reducing costs, delivering a better benefits return on investment (ROI), eliminating compliance risks and improving the health of their employee population.

DATA ANALYSIS AND BENCHMARKING

The Warner Companies consolidates our clients’ medical and pharmacy claims, as well as clinical and biometric data to unlock the details of how and where healthcare dollars are spent.  

• Trend Analysis: We offer access to the nation’s largest health-plan benchmarking survey, representing the latest in employee benefit trends and strategies.
• Medical Claims Analysis and Population Health Management: Risks and behaviors that affect chronic conditions can dramatically drive up benefit costs. TWC develops regular reporting for key measurements that offer insight into your employee population’s general health status.

PHARMACY BENEFIT ANALYSIS 

The Warner Companies helps our clients navigate the intricacies of pharmacy benefits and establish cost-effective solutions that fit their company’s needs. Our experts maximize our clients’ drug program’s effectiveness through: 

• Analyzing Pharmacy Benefit Manager (PBM) contracts for, discounts, rebates and definitions
• Identifying trends in the pharmaceutical industry
• Creating cost-saving solutions through strategic partnerships
• Developing strategic plan design recommendations ahead of market trends
• Negotiating with PBMs to achieve transparency and performance results

We then utilize our claims data analytics platform to monitor outcomes throughout the year and audit for discrepancies in drug classifications, unwarranted costs and abuses.

CONSULTING RESOURCES

The Warner Companies provides comprehensive resources for Human Resource support, compliance newsletters, wellness ideas and an employee call center for employee advocacy and service.

• HR Tools
• Compliance
• Legal Experts
• Employee Communication and Education
• Newsletters & Updates
• Call Center

ONGOING PLAN MANAGEMENT

The Warner Companies markets, reviews, implements and provides year-round guidance and recommendations for all employee health and benefit plans:

• Medical Plans
• Prescription Drug Plans
• Dental Plans
• Vision Plans
• Flexible Spending Accounts, Health Reimbursement Accounts and Health Savings Accounts
• Life Insurance
• Employee Assistance Programs
• Travel Accident Coverage
• Voluntary Benefits
• Short-Term and Long-Term Disability

HR TECHNOLOGY AND ADMINISTRATION

The Warner Companies assesses our clients’ needs to help them identify and implement a best-in-class administrative process for employee self-service, enrollment, administration, consolidating billing and system integration.

• Vendor agnostic approach to technology
• Multi-platform solutions deliver all-in-one benefits experience to phones, tablets and computers
• Integrated access to enrollment, engagement and wellness data
• Decision support at enrollment and year round
• Fully integrated with HRIS and Payroll
• Support with RFP, vendor evaluation and selection, implementation and ongoing support

EMPLOYEE COMMUNICATION AND ENGAGEMENT STRATEGIES

The Warner Companies engages our clients with in-house resources to design and execute a fully customizable employee engagement and communication program, including:  

• Customized Benefit Guides
• Enrollment Presentations and Materials
• Postcards
• Virtual and Onsite Benefit Fairs
• Surveys
• Newsletters
• Mobile Platforms

PREVAILING WAGE AND FRINGE BENEFIT EXPERTISE

The Warner Companies works extensively with government contractors in the construction and service industry to help them stay in compliance with the Service Contract Act, Davis Bacon Act and in Maryland, SB 583. Services we assist with include:

• Fringe Management
• Hours Banking
• Smart Return Accounts
• 401(k) Plans

Are you paying cash in lieu of providing benefits? TWC will show you how to reduce your payroll burden by as much as 30% and deliver a cost-effective fringe benefits program your employees will appreciate.