Administrative Services
The day-to-day administration of the benefit plan is handled by EGP so the employer can focus on activities more significant to the success of your organization.
Plan Consultation
EGP offers benefit design analysis and financial performance
analysis of new or existing benefit plans. Detailed reports are
provided.
Eligibility Maintenance
Each month EGP provides a detailed itemized accounting statement for
all premium and administrative fees. As an administrator and general
agent for many insurance companies, EGP can consolidate other
vendors and insurers on one monthly statement. That provides the
convenience of single-source billing and payment.
Employee Communication
EGP produces all plan documents and employee benefit booklets. Also,
all information necessary for the beneficiaries of the plan,
including ID cards, benefit booklets and network directories. Upon
request, communications for self-funded benefit plans can be
personalized with the plan sponsor's corporate logo.
Multiple Stop-Loss Arrangements
As an authorized TPA for several stop-loss carriers, EGP can provide
competitive and flexible stop-loss coverage alternatives for
organizations with self-funded plans.
Risk Assessment
When appropriate, EGP can conduct an underwriting survey and
corresponding risk evaluation and assessment for a medical benefit
plan. The valuable information generated can help EGP determine and
evaluate more effectively whether an employer should consider a
self-funded program, the level of risk to be assumed, and the
effects of stop-loss carrier run-out provisions.
Occupational Health and Wellness Programs
EGP has established relationships with medical providers who can
offer consultation for and implementation of Occupational Health
Programs and Wellness Programs.
Medical management and preventive programs for both work-related
injuries and health matters can help reduce Workers' Compensation
claims and control benefit plan costs. In addition, these programs
can help improve employee morale and productivity.
