GASB 45 Solutions: We offer education on the impact of GASB 45 and provide customized options for reducing OPEB liability and future costs for retiree healthcare. Presenting a series of “what-if” models, we demonstrate the effect that proposed plan changes have on your group’s retiree costs and OPEB liability. Going forward, we work with you and your collective-bargaining team to continue to examine the most current and advantageous options.
Plan Design Modeling for Collective Bargaining: Effecting change within a union setting can be challenging. In developing plan design solutions, we not only work closely with your collective-bargaining team but also meet with union leadership, testify in 312 proceedings, assist and represent groups in negotiations and communicate plan design options to members.
RFP Analysis Services: Effective cost control is a primary goal of our work as a benefit consultant. Cornerstone regularly shops the market to evaluate potentially improved benefit programs that our consultants and underwriters use within a series of creative design options.
Retiree Drug Subsidy Administration: Cornerstone’s advisors are specialists in this field. We relieve you of the administrative burden this program entails by handling all the necessary steps, from application to reconciliation, to collect your government subsidy.