To help our clients gain control of their group health care costs. GBS recognizes that because of the magnitude of this problem, traditional solutions are an inadequate line of defense. Our clients know our strategies work and have contributed significantly towards their ability to gain control over group health care costs.
“As a member of the Minuteman Nashoba Health Group (MNHG), I have worked with GBS, specifically Carol Cormier for many years.
I greatly value the expertise and guidance that GBS provides us in a very complicated health insurance environment. Our joint purchase is a success because of the advice and leadership GBS provides to our group every day.”Donna Madden - Chairman, Minuteman Nashoba Health Group
- COBRA Administration and Service
- Collective Bargaining Support
- Direct Billing
- Open Enrollment Assistance
- Member Eligibility Audits
- Medicare Part D Retiree Drug Subsidy Administration
- Benchmark plan analysis
- Budgetary Review
- Review of Health Vendor Proposals/Quotes and Negotiations with Health Vendors
- Utilization Analysis and Reports
- Health insurance consulting for self-funded and fully insured clients
- Plan Design, Review and Analysis
- Central Benefits Administration
- State and Federal Health Insurance Assistance for Compliance
Health Care Reform
The past several years have brought many changes to the ways in which employers, carriers and providers deal with health insurance. Regulations, mandates and fees have become complex and costly. Group Benefits Strategies assists clients with complying with certain parts of the law, particularly those pertaining to benefits, deadlines, reporting requirements, and fees.
GBS communicates with carriers and legal firms, and has access to publications that break these issues down by timelines and the necessary steps that employers need to take.
GBS also conducts seminars for clients, and sends bi-weekly email communications in order to keep clients informed of state and federal issues. With the uncertainly of the current federal administration, GBS is committed to informing clients on any proposed changes to the law and how they might affect employers and employees.
COBRA establishes required periods of coverage for continuation health benefits. A plan, however, may provide longer periods of coverage beyond those required by COBRA.
COBRA beneficiaries generally are eligible for group coverage during a maximum of 18 months for qualifying events due to either employment termination or reduction of hours of work.
Certain qualifying events, or a second qualifying event during the initial period of coverage, may permit a beneficiary to receive a maximum of 36 months of coverage.
Communication between COBRA Administration & Health Services, Inc. and employers is a key component to ensuring that both parties comply with all Federal regulations, as they pertain to COBRA, HIPAA and FMLA.