Page 11 - IVX Health

Core Services

When we do it — annual strategic timeline (typical year)

• Review prior year beneits strategy • Benchmark plans features, cost, • Renewal analysis • Finalize renewal rates and plan
results and plan types • Marketing results — inalist designs
• Identify corporate goals and • Review vendor performance and • meetings (as needed) • • Finalize budget plan year
objectives for beneits, wellness,
network options
STRATEGIC • and inance • • Detailed Infolock review • Beneits communications • Deine current and future beneits
Financial projections
Robust communication campaign
Explore trends in the beneits
Price out potential plan changes
execution
strategies
space
• Identify beneit and wellness • for following year
Explore new beneit types and
strategies that align with programs
corporate objectives
• Beneits communications strategy
session
Strategic initiatives Strategy execution Renewal and budgeting Communication and enrollment
(Months 1-2) (Months 3-6) (Months 6-8) (Months 9-12)

• Review plan documents • Vendor search and meetings as • Request renewals and marketing • Open enrollment presentation
• Census request necessary results from carriers and meeting/webinar calendar
• Maintain recurring calls • • Financial impact analysis • Begin open enrollment guide • Open enrollment period —
assistance as needed
development (other collateral —
Complete 5500 ilings
TACTICAL • • Request schedule as from vendors • poster, post cards, etc.) • Finalize vendor implementation
Create multiyear strategy
(as needed)
Begin vendor implementation
document
• IDEAL proile • Schedule strategy meetings and
continue regularly scheduled calls

IVX Health — Lockton Total Rewards Practice Overview 11 Lockton Companies