| Home | FSA - HRA - HSA |
| Contact Us | Company Brochure |
|---|---|
| Products | Quotes |
| Services | Testimonials |
| Online Benefit Administration | Mission Statement |
| Self Funding | Brokers |
| Wellness Programs | Affiliates |
 |
|
|
 |
L.L.L.
Inc.
Employee
Benefits Consulting & Insurance
Brokerage
Servicing New York , New Jersey & Pennsylvania
Servicing New York , New Jersey & Pennsylvania
|
Wellness Programs & Self Funding
Nothing is more important than the safety and security of our loved ones. Sadly, reduced benefits and elevated medical costs are threatening our quality of life. Having the ability to visit specific doctors and receiving the proper medicine are of paramount importance. Employers and employees are forced to share the challenge of combating the rising cost of health care. When we get sick, the bills skyrocket and lives unravel. Quite often, preventative measures could have been taken to avert, or at least minimize, the affect of an illness before it progresses. The ideal tool for successful long-range cost reduction, and maintenance of a healthy employee and dependent base, is to provide better health care at the onset.
A solid wellness policy will reduce the risk of illnesses and stop
the claim dollars from mounting. Early intervention is the key when
it comes to early detection. By instituting and developing a proven
wellness program, we can improve health and lower overall claim cost.
WELLNESS PROGRAMS INCLUDE:
• On site, scheduled health screening with all employees
• Targeted intervention programs (smoking cessation, weight-loss, etc.)
• Personal health coaches and education campaigns
• Group aggregate reporting for employers
• Immediate results
These programs can be offered to companies on a self-funded basis if they have100 or more employees. In a self-funded plan, an employer assumes some or all of the risk for providing health care benefits to his employees. The employer takes control of the plan assets, invests them to their advantage, eliminates the insurance company charges and does not have to pre-pay coverage, thereby improving their cash flow. The employer retains control over the health plan reserves, enabling maximization of interest income.
With 30 years experience with self-funded plans, L.L.L. Inc Services strives to produce significant savings for clients through cash flow alternatives, while improving the health of employees and dependents through better benefits and wellness programs. A recent report conducted by Kaiser, an independent research
firm, revealed that the average increase in the self-funded market is significantly lower than the fully insured plans over the last 8 years. (see chart)
 |
 |
