Our Health & Welfare Consulting Services
At RAE Consulting, we provide a full range of consulting and actuarial services tailored to the complex needs of group health plans. Our approach combines deep industry expertise with cutting-edge technology to help clients manage costs while optimizing benefits for employees.
Our consulting services include plan design management, cost management, compliance, and vendor management. We work with our clients on an ongoing basis to assess plan design, ensuring benefits are competitive and adding value to members. We monitor claims throughout the year to identify cost drivers and use this information to bring relevant solutions to our clients, including recommendations on plan health and wellness initiatives. We develop long-term plan reserve projections based on client specific data, including expected changes in employer and employee contributions.
From a benefit compliance perspective, we provide support related to ERISA, the Affordable Care Act, COBRA, Mental Health Parity, among other legislation. We monitor legal and regulatory developments, alerting our clients of any impact on their benefit plans. We work collaboratively with our clients, plan counsel, and auditors to address compliance needs.
Our vendor management services include renewal assistance, review of plan experience, communications support, contract review, monitoring of performance guarantees, and issue resolution. As needed, we support our clients with evaluating vendor partners through an RFP process and new vendor implementation.
RAE Consulting provides comprehensive actuarial support. We assess plan obligations related to retiree health care benefits, IBNR, and accumulated eligibility. We assess actuarial plan values to determine the impact of design changes and determine compliance with the Affordable Care Act and the Medicare Modernization Act. We work with our clients to meet benefit objectives, assessing potential design changes using tailored actuarial projections.
Our team is committed to hands-on support, including attendance at client meetings to provide expert guidance and real-time analysis. We act as an extension of your benefit team as a trusted advisor providing on the ground support.
At every stage, we prioritize transparency, strategic planning, and a client-first approach. Whether evaluating financial sustainability, ensuring regulatory compliance, or optimizing benefit structures, RAE Consulting delivers the expertise and insights needed to secure a stable future for our clients.
