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Customized Employee Benefit programs &

Creative Solutions

National expertise combined with local agency service.

 
 
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Your organization is unique. so is ours.

Our primary commitment is to work with you to find customized solutions for developing a sustainable employee benefit programs that will help attract and retain employees. As a client of VBA, you can rely on us not just for personalized client service, but also the technical expertise that’s required to navigate an increasingly complex landscape and find creative solutions to your organization’s challenges.

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our expertise will help you navigate a complex market.

The VBA principals have a combined 80 years of experience advising clients on their employee benefit offerings. Our team has worked with organizations in a variety of business sectors, including healthcare, not-for-profits, manufacturing, professional services, government/municipalities, financial services, and more.

Our client base includes small, family-run businesses, large organizations with thousands of employees, and everything in between. Regardless of your organization’s size, we function as an extension of your human resources department throughout the year.

We work with both fully insured and self-insured clients, with a particular expertise in helping clients who wish to transition to a self-insured model. We have excellent relationships with all major carriers and have a unique understanding of the complexities facing today’s market.

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WE’LL HELP ENSURE THAT BOTH YOU & YOUR EMPLOYEES GET VALUE FROM THE BENEFIT PROGRAMS.

 

CONDUCTING A DETAILED EVALUATION OF CURRENT OFFERING
We will perform a detailed analysis of all your benefit plans and discuss the strengths and areas where we believe improvements are needed. With your feedback, we will use the evaluation as the foundation for the benefit offering RFP we provide to carriers. It will also serve as an important component of the long-term strategic plan.
LEADING BENEFIT OFFERINGS RFPS
Concurrent with your organization’s renewal we will lead a thorough review of the insured market for all of your lines of coverage. Upon conclusion of our marketing effort, we will provide you with a complete review of our discoveries and make a recommendation based on the outcomes.
DEVELOPING A STRATEGIC PLAN
We will facilitate both a short-term and a long-term strategic plan. Key components of the blueprint are:
  • Health plan funding arrangements
  • Carrier partnerships
  • Goals to attract and retain employees
  • Financial goals associated with your benefit offering
  • Wellness programs
MANAGING BENEFIT PLAN ENROLLMENT AND COMMUNICATION
We schedule and lead employee enrollment meetings annually. Many of our clients also utilize our services for educational sessions, including lunch and learns, on a quarterly or annual basis.

 
 

Other services include:

EMPLOYEE ADVOCACY

We will advocate on behalf of your benefit enrollees should the need occur.

CONTRIBUTION ANALYSIS AND MODELING

Based on a comprehensive understanding of your organizational budget goals, we will present a complete analysis that demonstrates the clearest path to achieving those goals.

BENCHMARKING SERVICES

We will provide you with a wide-ranging study that compares your plan design, costs, and employer contributions to both geographic and industry peers.

 

UNDERWRITING AND FINANCIAL ANALYSIS

Throughout the year, your account team will present a detailed summary of the plan’s performance and a customized set of recommendations for funding options and strategies.

TOTAL COMPENSATION STATEMENTS

Upon request we can provide your organization with statements that detail the hidden compensation to your employees.

PHARMACY BENEFIT MANAGEMENT ANALYSIS

  • Leveraged PBM Contracts & Transparent PBM’s

  • Pharmacy Benefit Management RFP’s

  • Formulary Optimization

  • Ingredient Cost Pricing Comparison

  • Rebate Sharing Negotiation & Assessment

  • Pharmacy Cost Containment Programs

 
 
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We’re here for you!

We offer a full range of benefit consulting services and are here to support both you and your employees - not just during open enrollment, but throughout the year.

 
 

contact us

195 Center Street
Auburn Maine 04210
207-786-0417

136 US Route 1
Scarborough, Maine 04074
207-883-8229