So often in the busy life of a Union Representative involved in the collective bargaining process, health & welfare benefits get lost in the shuffle. These benefits, while an extremely important part of your members compensation, are often shrouded in mystery. Frequently, the important information is not provided to you and when it is, you come across terms that seem to be from a different language. Examples; Incurred But Not Reported, Loss Ratios, Health & Dental Trends, Demographics, to name but a few. Sure, you recognize many of them, but, what do they mean in reference to your plan? How do you decipher all those numbers?
We can assist your bargaining committee discussions by providing you with the right questions to ask in order to obtain the information you require. This information will help you to make sound benefit bargaining decisions.
We can also help with data review and evaluation.