Page 34 - Upstream Rehabilitation
P. 34
Core services
How we manage it
Every call. Every email. Every day.
Client - SAMPLE Implementation Overview
SAMPLE SERVICE CALENDAR REGULARLY SCHEDULED
Employee Benefits Strategy Timeline
Project Owner Target Date Completion Task Status (WEEKLY/BI-WEEKLY) STATUS CALLS
Date
Lockton/Client Kickoff Process
Data sent to prepare broker of record letters Client 7/1/2020
Broker of record letter prepared for signature Lockton 7/2/2020
Broker of record letters signed and returned Client 7/7/2020
Implementation Overview Lockton/Client 7/7/2020
Broker of record letter and data request to carriers Lockton 7/7/2020
Meeting 1 (meet respective teams & discuss open items,
high level benefit observations, begin strategic discussion Lockton/Client 7/9/2020
for 2021)
Current census sent Client 7/13/2020
2020 Compensation Disclosure Lockton 7/23/2020
InfoLock Set Up Request Lockton/Client 7/15/2020
IBNR/Reserve Analysis Lockton/Client Quarterly (one certified)
Compliance Calendar Lockton 7/15/2020
Compliance Review - ERISA Documents Lockton/Client 8/20/2020
2020 Policy/Contract Review Lockton TBD
Monthly Financial Reporting Lockton 30th of each month
Annual 5500 Filing Lockton Due 7/31/21
Strategic Direction
Financial Projection and Modeling Lockton 8/18/2020
Detailed strategic discussion surrounding identified topics Lockton/Client 7/24/20 and 7/31/20
from Meeting 1
Present multi-year strategy Lockton 8/18/2020
Network and Discount Analysis Lockton 8/7/2020
Benchmarking Lockton 8/7/2020
Wellness (Health Risk Solutions)
Strategy Discussion Lockton/Client 8/18/2020
Program/Vendor Discussions Lockton/Client 8/18/2020
InfoLock Presentation Lockton 10/15/2020
Program/Vendor Decisions Client TBD
Implementation Lockton/Client TBD
Renewal and Budgeting
Request Renewals from Carriers Lockton 7/7/2020
Current Carrier Renewals - Received Lockton 8/3/2020
2021 Budget Presentation Lockton 8/18/2020
Final Negotiation with Insurance Carriers/Vendors Lockton 9/3/2020 COMPLIANCE CALENDAR
Present final 2021 Scenarios Lockton 9/15/2020
Final 2021 Decisions Client TBD
Confirmation sent to Selected Carriers/Vendors
OPEN ITEMS Lockton TBD
SAMPLE Employee Benefits Action Items Log - Client/Lockton
Action Item Carrier / Vendor / Etc. Intake Date Resolved Comments/Action Solution / Resolved
Date
Upstream Rehabilitation — Lockton Total Rewards Practice overview 34 Lockton Companies
How we manage it
Every call. Every email. Every day.
Client - SAMPLE Implementation Overview
SAMPLE SERVICE CALENDAR REGULARLY SCHEDULED
Employee Benefits Strategy Timeline
Project Owner Target Date Completion Task Status (WEEKLY/BI-WEEKLY) STATUS CALLS
Date
Lockton/Client Kickoff Process
Data sent to prepare broker of record letters Client 7/1/2020
Broker of record letter prepared for signature Lockton 7/2/2020
Broker of record letters signed and returned Client 7/7/2020
Implementation Overview Lockton/Client 7/7/2020
Broker of record letter and data request to carriers Lockton 7/7/2020
Meeting 1 (meet respective teams & discuss open items,
high level benefit observations, begin strategic discussion Lockton/Client 7/9/2020
for 2021)
Current census sent Client 7/13/2020
2020 Compensation Disclosure Lockton 7/23/2020
InfoLock Set Up Request Lockton/Client 7/15/2020
IBNR/Reserve Analysis Lockton/Client Quarterly (one certified)
Compliance Calendar Lockton 7/15/2020
Compliance Review - ERISA Documents Lockton/Client 8/20/2020
2020 Policy/Contract Review Lockton TBD
Monthly Financial Reporting Lockton 30th of each month
Annual 5500 Filing Lockton Due 7/31/21
Strategic Direction
Financial Projection and Modeling Lockton 8/18/2020
Detailed strategic discussion surrounding identified topics Lockton/Client 7/24/20 and 7/31/20
from Meeting 1
Present multi-year strategy Lockton 8/18/2020
Network and Discount Analysis Lockton 8/7/2020
Benchmarking Lockton 8/7/2020
Wellness (Health Risk Solutions)
Strategy Discussion Lockton/Client 8/18/2020
Program/Vendor Discussions Lockton/Client 8/18/2020
InfoLock Presentation Lockton 10/15/2020
Program/Vendor Decisions Client TBD
Implementation Lockton/Client TBD
Renewal and Budgeting
Request Renewals from Carriers Lockton 7/7/2020
Current Carrier Renewals - Received Lockton 8/3/2020
2021 Budget Presentation Lockton 8/18/2020
Final Negotiation with Insurance Carriers/Vendors Lockton 9/3/2020 COMPLIANCE CALENDAR
Present final 2021 Scenarios Lockton 9/15/2020
Final 2021 Decisions Client TBD
Confirmation sent to Selected Carriers/Vendors
OPEN ITEMS Lockton TBD
SAMPLE Employee Benefits Action Items Log - Client/Lockton
Action Item Carrier / Vendor / Etc. Intake Date Resolved Comments/Action Solution / Resolved
Date
Upstream Rehabilitation — Lockton Total Rewards Practice overview 34 Lockton Companies
