Rules for DC Multiple-Employer Plans Eased as DOL Seeks Input on Open MEPs
Rules for DC Multiple-Employer Plans Eased as DOL Seeks Input on Open MEPs
Professional Employer Organizations
Experience and expertise
Mercer’s PEO Specialty Practice is comprised of a team industry experts that will provide strategic insights to PEOs around their master health plans by reviewing their portfolios, evaluating plan performance, and strategizing on how to manage costs. Our team provides exceptional service in the areas of strategy, underwriting, open enrollment, communications, compliance and carrier relations.
In addition, we provide ongoing sales support, financial analysis and reporting. We help PEOs effectively grow while managing their risk. Utilizing the power of Mercer’s negotiating strength, our team can help deliver cost stability allowing PEOs and their worksite employers to stay competitive in today’s market.
You’ll also have access to our solutions across Health, Wealth and Career lines of business.
First Friday Series | Top trends, opportunities and challenges for PEOs in 2024
Join Mercer and Marsh for an engaging discussion featuring experts who address the latest trends and opportunities within the PEO industry and share strategies for how your business can effectively navigate the challenges in workers' compensation, EPLI, health and welfare benefits, and 401k. See the full presentation here
Why work with us?
Find out how we can help you grow worksite employees in a continual evolving market.
How we support you day-to-day
Ongoing Support
Project management including regular status update calls
Ongoing feedback collection/client satisfaction monitoring
Keep HR educated on various vendor, compliance and other status updates
Underwriting/Plan Management
New business underwriting and proposal delivery
Evaluation of rate tier structure for adequacy
Client rebanding strategy
Periodic benchmarking review
Claims utilization and trends
Plan & Vendor Management
Contract Renewals and Negotiations
Timeline management for all involved parties
Market checks and vendor RFPs
Network, cost and plan evaluations
Implementation
Ongoing vendor advocacy
Serve as escalation point for any service delivery issues
Master Policy Management
Legislative Compliance
Compliance assistance (e.g. 5500 prep, SPDs/Wrap, HIPAA, etc.)
Compliance review
Communicate legislative, regulatory updates and requirements (Mercer GRIST articles and webinars)
Provide timely reminders around compliance deadlines. Complete compliance review and HIPAA privacy & security training
Mercer Live: PEO video series
Are you up to date on the latest coverage trends and challenges PEO organizations are facing as it relates to insurance and servicing clients?
View our insightful Mercer Live discussions on operational efficiencies, risk reduction, administrative support and client experience regarding insurance for PEO organizations alongside main trends and challenges with insurance in the PEO market.
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People strategy
People risk management
With data and insights from 1,024 HR and Risk professionals, MMB’s People Risk 2024 outlines key workforce threats facing employers worldwide, the impact they can have on your organization, and practical approaches to address critical risks today and in the future.
We are proud members of NAPEO
Related events
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NAPEO Risk Management Workshop
April 22–23
Indianapolis, IN
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NAPEO Annual Conference
Sept 16-17
Orlando, FL
Related insights
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Rules for DC Multiple-Employer Plans Eased as DOL Seeks Input on Open MEPs
Rules for DC Multiple-Employer Plans Eased as DOL Seeks Input on Open MEPs -
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