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Sovereign Bank
Cash Management: Disbursement & Reconcilement, Collections, Payroll Services, Insurance, Sovereign Benefits ConsultingInformation Reporting: Interactive Reporting and Initiation Services, eStatements, Fax Notification, CD-ROM Check Imaging, Electronic Data Interchange, Data ExchangeLoans & Investments: Investment Accounts, Wealth Management, Employee Pension Plan, Sweep Services, LendingCapital Markets: Investment Sales & Trading, Interest Rate Derivatives, Government Note Financing
Disbursement & Reconcilement   |   Collection   |   Payroll   |   Insurance   |   Benefits Consulting
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Health Plan Management
Health Plan Management For Government and Institutional Entities
Below are the steps Sovereign Benefits Consulting uses to continually manage your custom-designed health care plan.


Information
  • Listen
  • Identify key issues
  • Compile census information
  • Collect claims data, prior renewal and settlement, SPDs & premium information
Analysis
  • Audit renewal
  • In-depth claim review
  • Plan document analysis
  • Preliminary vendor evaluation and selection
Design
  • Strategic plan design options
  • Impact of design strategies
  • Alternative products
  • Multiple plan options
Selection
  • Plan comparisons
  • Pricing models
  • Geo access
  • Disruption analysis
  • Financial impact analysis
Communication
  • Prepare enrollment materials
  • Facilitate employee presentations
  • Assist with transition
Monitor
  • Resolve carrier issues
  • Confirm contract accuracy
  • Continuous data collection
  • Renewal forecasting
Access Your Accounts
Next Steps
Call 866.769.3090 to learn more about Sovereign Benefits Consulting
Contact Sovereign Benefits Consulting
How May We Help You?
Comprehensive Cash Management Solutions
Manage payables, enhance funds availability, and increase productivity.
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Protect Assets and Employees From Risk
Prepare for the many risks your institution faces.
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