Hager Strategic Partners with Boutique Actuarial Firm, The Terry Group, to Offer a Robust Solution for Evaluation of Private Healthcare Exchange Solutions
Until now, the firms in the best position to perform actuarial analysis of exchange proposals were the same firms that also offered exchange solutions of their own. “Clients were coming to us and saying ‘we like our actuaries and consultants but we need an independent advisor to guide us through the confusing maze of exchange offerings and competing claims’,” explains Hager who, for the past 20 years, has been a trusted advisor to many Fortune 100 clients, and has also served as an expert witness and advisor in several well-known 401(k) legal proceedings. “Teaming up with the
Evaluating private exchange proposals “is nothing like comparing administration vendors,” points out Saleh who spent over 40 years in the Health & Welfare benefits business and is considered an early pioneer in the benefits administration technology field. “While the administrative capabilities of the provider come into play, the key evaluation criteria center around the financial value proposition of each offering – the current and projected future impact on the client’s healthcare spending – as well as the impact on employees and their critical decisions related to their own healthcare options. There’s a lot of money at stake and so clients will want to work from a consistent and relevant basis for comparison and evaluation.”
Hager Strategic and the
“We are very excited about our partnership with Hager Strategic,” says
The combined
About Hager Strategic
Since its founding in 1995, Hager Strategic has earned a reputation for independence and excellence. Our advisors have held senior positions in major provider firms and have managed HR, Benefits and Payroll services for large employers, bringing an average of twenty-five years of invaluable real-world experience to every client we serve. Given the depth of expertise and specialized resources Hager Strategic can marshal for its clients, the firm is unmatched in its ability to handle the most challenging and complex issues in
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