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.
Are employers meeting the needs of employees when it comes to health and welfare benefits? Understanding and filling any gaps in your benefits program could help you become an employer of choice in the war for talent.
In this webinar hear Tyler Harshey and Jamie Battles from Mercer discuss what is on the top of employees' minds from our Inside Employees' Minds Survey. They then share what employers have done and are planning to do in the future.
Why work with us?
How we support you day-to-day
Project management including regular status update calls
Ongoing feedback collection/client satisfaction monitoring
Keep HR educated on various vendor, compliance and other status updates
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
Ongoing vendor advocacy
Serve as escalation point for any service delivery issues
Master Policy Management
Compliance assistance (e.g. 5500 prep, SPDs/Wrap, HIPAA, etc.)
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