Health Compass Consulting
Benefits Services
Introduction to A.P.I.M. from Health Compass
To build your dream house, you need a great architect, a general contractor, and subcontractors. The same principle applies to employee benefits programs, which is why we created “Assess, Procure, Implement, Manage” (APIM) at Health Compass Consulting.
APIM is the data-driven process that helps employers maximize the return on their benefits investment so they can improve the financial and physical health of their organization and achieve their business objectives.
APIM is a key reason why Health Compass clients save, on average, $1,856 per employee per year, while enjoying better coverage and access.
Assess
- Health Compass’s proprietary assessment process allows employers to objectively quantify the value equation of their benefits program.
- By increasing clarity and visibility, employers are able to identify opportunities, set goals, and develop roadmaps to achieve them.
Procure
- On average, Health Compass procures and analyzes 4X more products than brokerage firms.
- In addition to traditional products, Health Compass also customizes bespoke benefits solutions to meet the needs of an employer’s distinct employee population.
- Health Compass then analyzes each vendor’s proposal and makes tailored recommendations that support the employer’s benefits and human capital objectives.
- This increased visibility into the marketplace allows employers maximize the return on their benefits investments and fulfill their fiduciary responsibilities under ERISA.
Implement
- After product selections are made, Health Compass does all the heavy lifting by managing the contracting and open enrollment process for employers and employees.
Manage
- After your benefits program is implemented, Health Compass continues to manage the performance of your vendors, educate employees on how to use their benefits, service administrative and employee needs, and help your program stay compliant.
RESULTS
- Average Client Saves $1,856 Per Employee – With Better Benefits
- Creates Strategic Human Capital Advantage
- Increases Business Value
Benefits Services Returns
