Employee Benefits Consulting

Employee Benefits Consulting

At Vetus Healthcare Solutions, we understand the critical role that employee benefits play in attracting and retaining top talent while ensuring the well-being of your workforce. That’s why we offer comprehensive employee benefits consulting services designed to help organizations optimize their benefits offerings and navigate the complexities of the ever-changing healthcare landscape.

Our experienced team of benefits consultants works closely with clients to develop tailored solutions that align with their unique needs, budget constraints, and strategic objectives. Whether you’re looking to design a new benefits package, evaluate existing offerings, or address compliance requirements, we’re here to support you every step of the way.

Employee benefits consulting services

Plan Design & Consulting Services

At Vetus Healthcare Solutions, we offer a comprehensive range of business services designed to address the unique needs and challenges of healthcare organizations. Leveraging our expertise and industry knowledge, we partner with our clients to optimize operations, improve efficiency, and drive sustainable growth.

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Compliance Services

Employer contribution calculation Trust reconciliation and annual reporting Regulatory compliance and non-discrimination testing Participant statements and annual notice preparation as required Participant distributions, including hardship, in-service and rollovers Application of forfeitures according to your plan provisions Calculation of participant loans and supporting documentation Preparation of submission-ready Form 5500 ready for electronic signature

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Claims Analysis Services

Provides a comprehensive review for savings opportunities Analyzes variable copay, movement to lower cost/higher quality pharmacy channel Ensure proper payment terms based on contract definitions Consolidates non-essential drugs from plan formulary

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Audit Services

Assistance with governmental or external audits Representation for IRS or DOL audit of plans

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Contract Review Services

Analyzes your PBM contract terms Analyzes your PBM rates Negotiates new contracts

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Education Services

Educate clients on the pharmacy supply chain Provide overview of commonly used terminology

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PBM Procurement & Contracting

PBM Request for Proposal (RFP) Contract negotiation PBM evaluations

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Vendor Management Services

Long-term RFP support Manages PBM relationship

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Plan Corrections

Preparation of application for IRS and DOL correction programs

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