BENEFIT PLAN EVALUATION

To be an effective partner in the development of your employee benefits plan, we need to know you. Our employee benefits consultants devote the one-on-one time necessary to understand your company and your needs.

Getting the facts. The first step to finding solutions to your employee benefits concerns is to understand your current benefits plan—to get the facts.

We use a simple, straightforward Request For Information form to gather the information we need about your business, your current employee benefits and your workforce to accurately analyze your plan.

Understanding your objectives. The second—and perhaps the most crucial step in our analysis and evaluation process—is understanding your objectives in relationship to your employee benefits plans.

Are you considering plan design changes, new employee contributions strategies, funding alternatives? Do you have new business plans that will force a change in benefits? Does your benefit plan need to be more competitive?

Understanding your objectives allows us to develop innovative, client-focused solutions. And, that is our mission.

Disruption analysis. If you are considering a change in plan design or provider network, we will evaluate the potential effect on your employees to assist you in your decision.

THE CIBC MARKET-COMPLETE ANALYSIS

With CIBC, you have a respected, experienced professional representing you in the employee benefits insurance market. See how this makes a difference:

Market-Complete Analysis. CIBC has access to every health insurer and provider network nationwide. The CIBC Market-Complete Analysis provides you with the most complete range of health products, services and pricing possible, period.

Stringent criteria. CIBC requires that insurers, provider networks and self-funded plans meet the appropriate minimum criteria:

• A+/A rating or higher with the top industry rating services, including A.M. Best, Moody’s, Standard & Poors, Duff & Phelps and The Weiss Report.
  
  
• Demonstrated effective long-term strategies and a commitment to remain in the health insurance industry.
  
  
• Prompt, courteous claims service.
  
  
• Internal monthly and semi-annual review of the financial performance of self-funded and partially self-funded programs.