Our specialized services help our clients get the most out of their benefit programs and ensure they are kept up-to-date on the latest information, research, trends, and solutions:
Absence management and productivity: Most employers struggle with the problem of absenteeism — business objectives simply can't be met if employees aren't at work. Managing absence can be administratively burdensome and is complicated by the increase of federal, state, and local laws defining both paid and unpaid leave entitlements. From design and implementation to administration and ongoing support, we can help you control costs, enhance the quality of benefits and services, and improve productivity through plan integration.
Take a moment to learn how we helped a client enhance its outsourced absence management program.
Compliance management: Our legal and compliance consultants are knowledgeable on the federal laws that impact HR and employee benefits and closely monitor developments at the federal and state levels. We can help design programs that address plan sponsor objectives while complying with all regulatory requirements.
Global strategies: Managing human resources for a global corporation is extremely complex. Our consultants bring a truly global perspective to each client situation to ensure relevant, local solutions that are consistent with the organization's global corporate strategy.
Mergers, acquisitions, and divestitures: In M&A, although administratively complex, benefit plans are often one of the last considerations. There are significant issues in correctly assessing the financial impact of benefit plan designs, evaluating change in control provisions in vendor contracts, designing integrated programs, complying with regulatory requirements, and documenting the financial and human costs in the merger of disparate benefit plans. Buck has successfully guided many clients through a comprehensive process to ensure that all stakeholders have complete information before final decisions are made and that actions plans are well-designed for success.
Student health plan management: Student health programs in colleges and universities are a large, complex segment of the US health plan business. These plans include on-campus primary care services, counseling/crisis intervention and public safety services, health promotion and wellness services, student health insurance/benefit programs (SHIBPs), and sports medicine services for intercollegiate athletes.
Our team, recognized as being among the nation's foremost experts on student health programs, is respected and trusted in the four key higher education communities that influence student health programs: student affairs, student health, counseling, and risk management. Through effective vendor management, extensive contract and plan design review, and thorough financial management, we can help drive lower costs and plan efficiencies while maintaining a high value health benefit for students.
Taft-Hartley consulting: A combination of economic pressures and shifting demographics is making it increasingly expensive and difficult for trustees to maintain competitive benefits. Our Taft-Hartley consultants develop solutions and strategies that improve benefits and control costs in multiemployer health and welfare funds. We provide comprehensive plan management services, specializing in areas including clinical, pharmacy, wellness, communication, actuarial, legal, and plan design.
Vendor integration and management: Effective vendor integration and management are vital to the administration of benefit programs and focus on successful planning and execution of key contract activities, including negotiations, performance guarantees and monitoring, audits, and reviews. We work with vendors to ensure top performance and seek compensation on behalf of our clients.
Voluntary benefits integrated solutions: Adding a voluntary benefit program, an arrangement where employees typically pay 100% of the cost of the plan, can help organizations compensate for benefit cutbacks or enrich an existing core benefits plan by maintaining control over the selection of products, the enrollment process, and the direct use of commission credits. Buck can help you develop a voluntary benefits plan that meets the goals and objectives of your organization.