New Company Helps Employers Better Manage Benefits and Improve Use Of Brokers, Consultants
Self Managed Benefits helps simplify a benefits manager’s job.
Self Managed Benefits offers benefits managers simplified tools and information vital to maximizing broker and consultant efficiency. Available through a yearly membership, the company provides easy-to-use tools and information – accessible online, 24 hours a day, seven days a week – and allows benefits managers who become members to view tips, news, articles, archives and more. Monthly Web-based seminars that further explore the management of brokers and consultants are available as well. An online help function also permits members to ask questions, get an answer and view related documents and archived seminars.
“The competency of your brokers and consultants and their ability to deliver quantitative value should be certain,” said Rita Metras, a recently retired benefits director of a large multi-national corporation. “Tools used to select, compensate and evaluate brokers and consultants are invaluable when trying to create broker/consultant efficiencies and contain rising benefit costs.”
Once a member, benefits managers have the ability to review guides and download templates on broker and consultant selection, management procedures, evaluation processes and compensation transparency. For example, the Broker and Consultant RFI template will help in the selection of the most capable broker or consultant for the member’s needs instead of relying on previous relationships or a referral. Members can also download a broker or consultant agreement, built from an employer’s perspective. The site helps members gain a better understanding of how to choose, manage and utilize a broker or consultant.
A Self Managed Benefits membership offers a Compensation Disclosure Form to guide the questioning of a broker or consultant regarding both monetary and non-monetary compensation paid from insurance companies or other third parties. This information provides members with a clear understanding of what the broker is being paid relevant to cost of services.
Members will:
- Save time managing day-to-day employee benefit responsibilities by utilizing quality tools and information.
- Reduce broker and consultant costs by proficiently selecting, evaluating and compensating brokers and consultants.
- Realize up to a fifty percent reduction in your broker and consultant costs.
The organization is providing a special offer through this newsletter:
Enroll as a Charter Member by April 1, 2006, and receive full membership benefits and a 30 percent discount on membership costs for the next three years (enter “BCS30” as the promotional code). Membership cost is determined by the number of domestic benefit-eligible employees. Enroll today and save up to $700 each year!
Memberships are company-wide – and may be used by multiple users within a member organization. Visit www.bcsolutionsmag.com/selfmanagedbenefits to sign up today.
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