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Unsure
whether you are getting maximum savings from your current
group rating program?
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Do you have the time and expertise to compare the different
offers?
• Do you know which groups consistently over-promise
projected savings
and under-deliver?
• Do you know which group TPA
will charge you 2 years of fees when it may only work
for you for 12 months?
ActuComp
Does
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Good
News - Bad News |
How
does ActuComp work? |
Good News: If your
company has payroll of 1 million or more,
sponsors and
TPAs
will be eager to recruit you into their groups.
Bad News: Sponsors and TPAs
will insistently try to recruit you into their groups,
calling you repeatedly until you have made your
choice.
Good News: If
your company can get one offer for group
rating, it should be able to get
several more.
Bad News: Even if all the offers
are for the
same discount, the TPA
fee, sponsor
membership fee and contract terms
can drastically change how much it will cost you
to get the discount.
Good
News: Groups with more than 200 companies
are more likely to have actual
savings close to the projected
savings.
Bad News: Group TPAs
working with large groups can be stretched too
thin to give your claims the attention they need.
If your claims aren’t managed thoroughly,
your company may not be eligible for group rating
in following years.
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- ActuComp
will analyze your company’s experience,
so you know how big a discount to expect.
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ActuComp applies to the best groups for your
company, with all offers sent to us.
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ActuComp compares the group offers and prepares
a spreadsheet that clearly shows which offer(s)
will save the most while costing you the least.
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ActuComp fields all the phone calls from the
sponsors
and TPAs,
so that you can concentrate on running your
company
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ActuComp prepares the paperwork for the group
you choose, so you can easily sign, pay and
mail the application in time for the deadline.
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ActuComp can help you stay eligible for group
rating by managing your claims. You won’t
have to rely on a group TPA
that has thousands of claims to keep track of
and that knows nothing about your company. With
ActuComp, you have continuity of representation
while taking advantage of the best group offer
each year.
*
highlighted terms may
be found on our Definitions
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