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Comparsion Report

Thank you for taking the time to review and compare our programs with your current employee benefits consulting firm. Please review the report below to see what services My Benefit Advisor can offer you as well as what you are being currently offered.


Advisory Team

Advisor
A trusted advisor for long term consulting in establishing a successful employee benefits program, inclusive of appropriate coverage, cost control, contribution strategies, plan design, and ancillary products.

Account Executive
A seasoned insurance veteran who brings the unique perspective of having consulted hundreds of benefits programs for employers of all sizes and has valuable working relationships with carrier representatives.

Designated Account Manager
A licensed Account Manager is responsible to assist with the daily administration of the employee benefits package. Areas of assistance include, but are not limited to, claims support, general questions on policy and procedure, billing inquiries and transaction processing.

Implementation Specialist
An Implementation Specialist works with the client and account manager to ensure new clients get on board properly and are maximizing our client resources and services for the most positive customer service experience.

Technology Specialist
Our Technology Specialist provides demonstrations and in-depth training on our online enrollment and benefits administration system, client portal, and our vendor solutions including wellness, payroll, HRIS, and employee shopping rewards program.

On-staff Benefits Counsel
Our on-staff counsel monitors industry changes, legislative news, and health care reform requirements to prepare useful communication bulletins that help simplify these complicated issues for our clients.

Ancillary and Specialty Advisor
An ancillary expert will educate the client on how to best complete the employee benefits program through employer sponsored and/or voluntary products and then will take the lead on negotiating and securing the desired plans.

Benefits Management

HR Administration System
Our HR & benefits administration system is provided to clients as part of our communication and enrollment system. Post open enrollment, employers can leverage this HR database to easily access and report on HR data, accurately report payroll deductions, reconcile carrier bills faster, manage dependents and emergency contacts, and give employees access to submit life event changes and new hire enrollments.

12 Month Service Calendar
Account Managers have a structured 12 month service calendar with automatic reminders to help ensure we are proactively managing and communicating the renewal process to our clients.

Transaction Processing
Within our team is a dedicated resource to handle all transactions to carriers on the client's behalf. This includes new hire enrollments, terminations, life event changes, and COBRA coordination.

Proactive Communication
We keep our clients informed through multiple methods including proactive conversations, periodic on-site visits, our client portal, a monthly newsletter, email notifications, webinars, and on-demand videos.

Claims & Health Care Advocacy
MBA is available to assist with claim resolution and related issues. If the issue is clinical in nature, such as a medical procedure approval, we will connect the employee with a registered nurse for assistance.

Client Portal
Through our secure website, HR Administrators can retrieve benefit plan information, access compliance bulletins and forms, and interact with other HR Administrators through the Community Message Board.

 
Compliance Assistance

Timely Guidance on Important Topics
As new compliance and reform topics come forward, our on-staff counsel will prepare bulletins to provide guidance on these complicated benefit and legislative issues.

Self-Help Compliance Tools
MBA has developed several self-help compliance tools featuring yes/no questions and informational guidance for our clients. Answering "no" to a question indicates the client may be out of compliance and should seek legal advice. The topics include COBRA, ERISA, FMLA, HIPAA, and USERRA.

COBRA Administration
MBA offers complementary COBRA service which provides a number of services that are designed to relieve the burden that COBRA currently places on employers*.

5500 Document Preparation
As part of our standard service component, we can arrange for employers’ 5500 documents to be prepared, utilizing state-of-the-art software to help ensure compliance with all filing requirements. For New York Employers, a small fee must be applied per the New York Department of Financial Services.

 
Employee Programs

Wellness
MBA offers employers the choice of providing their employees with access to an MBA sponsored Wellness Benefit to boost employee morale and company goodwill, or implementation of a comprehensive incentive based Wellness Program to help manage health premiums.

Shopping Rewards
MBA has partnered with an innovative technology company that offers an e-commerce portal to leading merchants where employees can earn cash back, incentives and instant rewards just for shopping. From Best Buy and Target to thousands of other retailers, this portal lets employees shop where they’re already shopping online today. Same stores, same merchandise. But now they can leverage the power of cash back shopping to receive a tangible benefit. Employers can position this as an exciting addition to an existing benefits program, at no cost to the employee.

 


COMPARE OUR OFFERINGS

Use the interactive form below to generate a report on how we compare to your current solution. Check off the items you currently receive and click the compare button for a report summarizing the resources and services you could gain by working with us.

Advisory Team

MBA Other

Benefits Consulting

MBA Other

Enrollment Tools

MBA Other

Benefits Management

MBA Other

Compliance Assistance

MBA Other

Employee Programs

MBA Other