MBA works with you to create a benefits solution that fits your specific needs.
The chart below outlines the resources and services that My Benefit Advisor offers you and your employees.
MBA
Other
Account Executive
Dedicated Account Manager
Implementation Specialist
On-Staff Benefits Counsel
Ancillary Advisor
Licensed Call Center
MBA
Other
Consolidated Billing
HR Administration System
HR Advisory Resource
12-Month Service Calendar
Transaction Processing
Proactive Communication
Claims & Health Care Advocacy
MBA
Other
On-Demand Benefits Video
Benefits Guidebook
Online Enrollment System
MBA
Other
Health Care Reform
Complete Financial Analysis
Carrier and Plan Alternatives
Alternative Funding Strategies
Third Party Administrator Options
Multi-Year Cost Containment Strategies
Employee Communication Strategy
Ancillary and Voluntary Benefits
Advice on Wellness Programs
MBA
Other
Timely Guidance on ACA
Compliance Education Center
Self-Help Compliance Tools
COBRA Administration
5500 Document Preparation
MBA
Other
Wellness
Online Training Courses
Instructions
Hover over any of the listed items on left of this page and the description with be updated here as you move from one option to the next. Click to compare MBA to with your current offering.
Account Executive
A seasoned insurance veteran brings the unique perspective of having consulted hundreds of benefits programs for employers of all sizes and has valuable working relationships with carrier representatives.
Dedicated Account Manager
A licensed Account Manager assists with the daily administration of the employee benefits package. Areas of assistance include, but are not limited to, claims support, general questions on policy and procedure, billing inquiries and transaction processing.
Implementation Specialist
An Implementation Specialist works with the client and account manager to ensure new clients get on board properly and are maximizing our client resources and services for the most positive customer service experience.
On-Staff Benefits Counsel
Our on-staff counsel monitors industry changes, legislative news, and health care reform requirements to prepare useful communication bulletins that help simplify these complicated issues for our clients.
Ancillary Advisor
An ancillary expert will educate the client on how to best complete the employee benefits program through employer sponsored and/or voluntary products and then will take the lead on negotiating and securing the desired plans
Licensed Call Center
A call center with licensed representatives is always available to answer questions about your employee benefits program.
HR Administration System
Our HR & benefits administration system is provided to clients as part of our communication and enrollment system. Post open enrollment, employers can leverage this HR database to easily access and report on HR data, accurately report payroll deductions, reconcile carrier bills faster, manage dependents and emergency contacts, and give employees access to submit life event changes and new hire enrollments.
HR Advisory Resource
ThinkHR Comply provides employers with a trusted information database, continually updated to feature the latest resources regarding HR policies, laws, and best practices.
12-Month Service Calendar
Account Managers have a structured 12 month service calendar with automatic reminders to help ensure we are proactively managing and communicating the renewal process to our clients.
Transaction Processing
Within our team is a dedicated resource to handle all transactions to carriers on the client’s behalf. This includes new hire enrollments, terminations, life-event changes, and COBRA coordination.
Proactive Communication
We keep our clients informed through multiple methods including proactive conversations, periodic on-site visits, our client portal, a monthly newsletter, email notifications, webinars, and on-demand videos.
Claims & Health Care Advocacy
MBA is available to assist with claim resolution and related issues. If the issue is clinical in nature, such as a medical procedure approval, we will connect the employee with a registered nurse for assistance.
Consolidated Billing
Streamline all of your carrier invoices into one simple statement.
On-Demand Benefits Video
In addition to traditional in-person and webinar enrollment meetings, MBA can replicate the presentation in an on-demand video format complete with web links and supporting documents. This is useful for employees who are unable to attend, are hired at a later date, or want to review the information. Employers have the option of recording an introductory message, which is done easily via telephone.
Benefits Guidebook
MBA can assist employers with developing a benefits guidebook for distribution to their employees. The number of employees determines eligibility and guidebook format. Our guidebooks help improve the communication of the benefits program and plan details to employees.
Online Enrollment System
MBA's enrollment system is available for employers to improve and streamline benefits communication complete with plan summary documents, side-by-side comparisons, plan rates, and carrier resources. Employees will be delighted with a faster, more convenient, and paperless enrollment experience. HR Administrators benefit from the ability to track the completion of employees’ enrollment and an easy tool to generate HR and payroll deduction reports in Excel.
Health Care Reform
As the Affordable Care Act (ACA) continues to unfold and evolve, employers are turning to My Benefit Advisor for guidance on interpreting the legislation and understanding the impact to their business.
Complete Financial Analysis
Diligent review of existing benefits program; inclusive of short and long term budgetary requirements, minimum standards, and consideration of employee satisfaction.
Carrier and Plan Alternatives
All applicable insurance carriers are considered in every product market, ensuring a thorough analysis of all options available and strategies considered.
Alternative Funding Strategies
Education and advice on alternative funding strategies: minimum premium, fully insured, health savings account, health reimbursement account, or self-funding.
Third Party Administrator Options
Review of third party administrator options, including: health savings accounts, health reimbursement arrangements, flexible spending accounts, section 125, dependant care accounts, and transit.
Multi-Year Cost Containment Strategies
Best practices on how to incorporate employer sponsored and/or voluntary benefits to strengthen employee morale, loyalty, and productivity.
Employee Communication Strategy
Communication strategy of market, carrier and plan changes to include quarterly on-site reviews and various technology based tools to ensure proper administration and usage of benefits programs.
Ancillary and Voluntary Benefits
Best practices on how to incorporate employer sponsored and/or voluntary benefits to strengthen employee morale, loyalty, and productivity.
Advice on Wellness Programs
Provide guidance on selecting a vendor to implement a wellness strategy with incentives to positively impact employee health, productivity, and health care expense.
Timely Guidance on ACA
As new compliance and reform topics come forward, our on-staff counsel will prepare bulletins to provide guidance on these complicated benefit and legislative issues.
Compliance Education Center
Our Compliance Education Center takes the communication of compliance materials to the next level. This unique resource acts as a hub for all compliance information and bulletins as well as including brief videos that summarize each topic. The Compliance Education Center is automatically updated with the health care industry’s latest news, alerts, and important information.
Self-Help Compliance Tools
MBA has developed several self-help compliance tools featuring yes/no questions and informational guidance for our clients. Answering "no" to a question indicates the client may be out of compliance and should seek legal advice. The topics include COBRA, ERISA, FMLA, HIPAA, and USERRA.
COBRA Administration
MBA offers complementary COBRA service which provides a number of services that are designed to relieve the burden that COBRA currently places on employers*.
5500 Document Preparation
As part of our standard service component, we can arrange for employers’ 5500 documents to be prepared, utilizing state-of-the-art software to help ensure compliance with all filing requirements. For New York Employers, a small fee must be applied per the New York Department of Financial Services.
Wellness
MBA offers employers the choice of providing their employees with access to an MBA sponsored Wellness Benefit to boost employee morale and company goodwill, or implementation of a comprehensive incentive based Wellness Program to help manage health premiums.
Online Training Courses
Our HR solution offers over 300 cloud-based, employee training courses on a wide variety of topics, allowing you to lower your company’s risk and protect your employees. The system provides easy administration, in-depth tracking reports, and completion notifications.