Frenkel Benefits financial services provide you with an extraordinary planning and oversight resource
We provide the financial analysis and cost projections you need to guide your benefits strategy, vendor selection and funding decisions. We delve deeply into your claims data to understand the plan’s underlying cost drivers and to lay the foundation for innovative solutions to mitigate them.
Our goal is to craft design, contribution and health management solutions that optimize your plan’s financial performance without jeopardizing employee satisfaction.
Some of the core services we provide:
- Monthly financial reporting packages
- Demographic studies
- Utilization reports
- Underwriting and cost projections
- Contribution strategy and modeling
- Plan design recommendations
- Review of financially impactful wellness solutions
- Analysis of optimal funding arrangements
- Stop loss and risk management advisement
- Carrier rate negotiation
- Development of incurred but not paid liabilities
- Guaranteed ROI on dependent eligibility audits