PSA Perspective Blog | Contact Us | (800) 677-7887 |

Benefits Brokerage & Consulting

Our services include plan cost analysis, claims utilization analysis, payroll deduction modeling and industry benchmarking for all benefits offered

Our services include plan cost analysis, claims utilization analysis, payroll deduction modeling and industry benchmarking for all benefits offered. Funding options are reviewed to determine whether alternative arrangements like self-funding or minimum premium would be beneficial.

We also will work with a third party vendor to conduct a dependent eligibility verification audit with the goal of helping your organization reduce health care costs and assist with compliance efforts. To learn more, see our blog post on dependent eligibility audits.

In addition, our Employee Benefits team prepares carrier Request for Proposals (RFPs), negotiates renewals on your behalf, manages vendor relationships and reviews carrier contracts. We bring to you the best administrative solutions for enrollment, billing, COBRA administration and flexible spending account administration.

Areas of Employee Benefits

Recent Blog Posts

Jun
16th
5 Ways Cyber Insurance Can Help Your Physician’s Practice Manage Cyber Risk

Did you know? To date, in 2017 there have been 133 reported data breaches in the healthcare industry – on average 17,849 records breached per incident. The Ponemon Institute estimates the cost per lost or stolen healthcare record to be about $400. This does not include fines and penalties, which can further increase the cost. […]

Jun
8th
Ever been asked to provide a Certificate of Insurance?

A question I hear from clients often is “How do I get a Certificate of Insurance?” A request for a Certificate of Insurance (COI) may be the most frequent interaction you have with your property and casualty broker or your insurance carrier. If you’ve never had to obtain a COI before, here’s an overview of […]

May
31st
What is a Controlled Group?

When several entities (whether incorporated or unincorporated) share common ownership, a controlled group or common control may exist.  For many IRS benefit plan purposes, a controlled group is treated as a single employer.  For example, the determination of an employer’s size for purposes of COBRA, Medicare Secondary Payer rules and the ACA’s Applicable Large Employer […]

May
25th
PSA’s Office Renovation Improves Employee Engagement, Performance and Client Experience

Research has shown that employees who are highly dissatisfied with their work environment are often the least engaged. And that lack of engagement can often translate to poor customer service and less satisfactory client outcomes. At PSA, we recognize the importance of a favorable work environment for our employees — so they’re equipped to better […]