Page 52 - Francis Parker School RFP (Stawicki)
P. 52

Appendix 5: Proposed Fee Schedule



                    Except where noted, Burnham Benefits commissions and/or fees are all inclusive. Francis Parker
                    School knows what to expect and will avoid any surprise fees that might be incurred with value-
                    added services.


                                      Service Description                         Fee/Commission
                     Benefits Administration & Online Services               Reduced medical commissions
                         FSA administration                                    to 3.5%; standard rates on
                         Burnham Advocate™ toll-free patient                 other health and welfare plans
                         advocate/employee assistance helpline
                         Online HR & employee benefits website, a self-service       Alternatively:
                         portal year-round and open enrollment assistance    Current plans would be written
                         using SmartBen or another agreed upon vendor
                                                                                net of commissions and
                         Billing audits
                                                                             Burnham would be paid $29.50
                                                                             PEPM per a Service Agreement.
                     Benefit Program Development and Cost-
                     Containment
                         Network comparisons and utilizations
                         Cost analysis and market study
                         Carrier trend analysis
                         Comprehensive plan design assessment                      Included in above
                         Contribution strategy evaluation                           fee/commission
                         Benchmarking data research and reports
                         Plan performance monitoring
                         Self-funded and fully insured claims analysis, as
                         appropriate
                         Legal and compliance updates
                     Underwriting / Actuarial Services
                         Renewal evaluation
                         Rate negotiation and Advocacy
                                                                                   Included in above
                         Marketing/RFPs
                                                                                    fee/commission
                         Predictive modeling of plan changes
                         Comprehensive assessment of health plan reporting
                         Self-funded feasibility analysis
   47   48   49   50   51   52   53