CMR & Associates

Group Benefits

Did you know that annual Group Benefit premiums and claims that corporate America pays approaches $700 billion per year? How does an organization enter this marketplace to satisfy their specific requirements? By using a broker/consultant? Deal directly with providers?

At CMR, we have learned that geographic entry points to finding the right broker or specialist has a lot to do with successful outcomes. What does that mean? What one insurance provider is doing for one client in a particular geograhic area may result in price points that can vary as much as 5-20% from a different geographic entry point.

What can CMR do? Acting in a non-brokerage capacity, we confidentially compare your existing rating characteristics and plan configurations with our proprietary database - The CMR Database®. At CMR, we act in an advocacy role to help you determine how your portfolio's rating characteristics compare with hundreds and thousands of similar companies domestically or internationally. Our database contains 4,500 brokers, direct writers and specialists who have hundreds and thousands of clients around the world. CMR tracks 40 different characteristics of each specialist, matching core compentencies to a clients' industry classification and specific requirements.

CMR will confidentially review your current market position and provide you with national or international comparisons to determine any rating and plan differences. So far, we have helped clients save over $70 million in overpriced premiums and have found many plans have coverage difficiencies.

Self-insured? Still an excellent candidate for benchmarketing. We'll look at TPA costs, stop-loss limits, average claim expenses and ancillary costs to provide you with a statistical comparison of similar sized self funded clients.

Initial Steps:

- Check current plan design and cost competitiveness by reviewing rating characteristics.
- Report back to CFO or Human Resource Director with confidential benchmarking report.
- Determine action plan

Once CMR is Formally Engaged:

- Survey of operations to understand Human Resources' outlook/philosophy
- Prepare bid specifications: risk identification, cost shift, reduce/eliminate, avoid uninsured
and underinsured losses.
- Use The CMR Database® to find specialists
- Solicit proposals-manage process
- Control access to $1.5+ trillion worldwide market
- Prepare final report with recommendations
- Offer creative options
- Provide independent ongoing stewardship

Core Competencies:

- Medical - Traditional or self- funded
- Dental
- Life - Disability
- Health Reimbursement Accounts (HRA's)
- Health Savings Accounts (HSA's)
- Captive Studies
- Wellness and claim intervention analysis
- Audits

Industry Expertise:

See CMR Database®

Confidential Portfolio Analysis - Please type in all applicable information

Email (required):

Start-up Company?

Industry Type:

Profit or Non-Profit:

US Locations?

List States w/ # of Participating Employees:

Locations outside of USA w/ # of Participating Employees:

Medical Anniversary Date:

Dental/Life/Disability Anniversary Dates:

Number Of Employees Participating in Medical Plans:

HMO:

PPO:

Other:

Are you Self-Funded?

Self-Funded Limit:

Medical

HMO Monthly Premiums:

PPO Monthly Premiums:

Insurance Company(ies):

Annual Claims: ($0 - Stop-Loss Limit?)

Claim Handling Expense? (TPA fees)

Dental

Monthly Premiums:

Insurance Company(ies):

# of Employees in Plan:

Life A D & D

Monthly Premiums:

Insurance Company(ies):

# of Employees in Plan:

Long-Term Disability

Monthly Premiums:

Insurance Company(ies):

# of Employees in Plan:

Short-Term Disability

Monthly Premiums:

Insurance Company(ies):

# of Employees in Plan:

Other

Monthly Premiums:

Insurance Company(ies):

# of Employees in Plan:

Type of Coverage

Other

Monthly Premiums:

Insurance Company(ies):

# of Employees in Plan:

Type of Coverage

Optional Information

Company Name:

Company Address:

Phone:

City:

State:

Zip:

Your Name:

Your Title: