Cornerstone Group
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Employee Benefits - Cost Containment  
     

Cornerstone helps your company ensure that you make the most of your premium dollar.

Our simplified review and reporting methods support you in analyzing the costs of your benefits plan against meticulously reliable benchmark information that we have gathered within businesses like yours. Through an online tool, Cornerstone is able to examine accumulated information from thousands of companies that can be sorted by type of plan, location, company size and industry to see how your plan utilization and costs compare.

Then we consider potential changes in the design of your medical and dental plan to determine the alternatives that offer the most beneficial impact on cost along with the best care for your employees. We compare your renewal costs to the revised plan to determine where the best cost-savings reside, and then we streamline the plan-selection process for your staff.

Our easy-to-understand management reports provide clear tables that outline your coverages, renewal dates and the principal details of the plan. Simple graphs illustrate your cost savings, accompanied by narrative that details your gains and your opportunities for future savings. .

Cornerstone Benefits is especially successful in saving clients significant costs associated with prescription plans. We will propose the best pharmacy benefit manager for your group, with a focus on encouraging the use of lower-cost generic drugs. Clients of Cornerstone Benefits gain savings through our expertise in evaluating such areas as formulary development, mail service pharmacy, retail networks, up-front deductibles, step therapy, quantity limits, three-tier copayment and other techniques to encourage cost sharing and use of generic drugs.

Through our analysis and recommendations regarding premiums and prescriptions, many of our midsize clients save tens of thousands of dollars a year on their benefit plans, and larger companies often save hundreds of thousands that can be dedicated to other needs within the company or directed to the bottom line .

 
     

 

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