Innovative solutions make work and life better for everyone.
PRM provides a comprehensive array of health & welfare benefit consulting services in the general areas of design, finance, communications, administration, monitoring and control, and vendor management.
Strategic planning, cost management and collective bargaining
Aligning benefit plans and policies with human resource and business objectives
Health & welfare consulting, including flexible benefit plan development, integrated disability management, paid time-off, renewal rate analysis for self-funded plans, compliance, nondiscrimination testing, and reporting and disclosure
Claims payment auditing and analysis
Vendor selection
Network access analysis including specialty networks
Health plan report cards
Vendor implementation and renewal, including renewal negotiations
Ongoing plan management, including contract administration, periodic reporting, on-site reviews, and performance standards and guarantees
Experience monitoring
Vendor renewals
Reserving, accruals, and rate and contribution setting
Actuarial measurement and forecasting, including retiree health & welfare benefit obligations and financial modeling guarantees