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Company Profile

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Michael Galang

on 14 April 2010

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Transcript of Company Profile

COMPANY BACKGROUND iSolve is an employee benefits company with top tier clients in multiple markets nationwide. Our services include:
Account Management
Actuarial Services
VALUE PROPOSITION “Effective Management of the cost of Employee Benefit Programs through Utilization Tracking, Actuarial and Program Interventions.”
CURRENT SITUATION There was a 22% increase in medical care expenditures between 2003 and 2006 due to the following:
Growth in pharmaceutical expenses
Expensive new technologies
Economic instability
Impact on the employer
Increasing costs mean a bigger budget to continuously provide benefits each year
Less funds for other expansion and other important priorities
Negative impact on profitability due to high cost of providing benefits
OUR OBJECTIVES To limit or control annual premium increases or funding requirements caused by unmanaged utilization
To help our clients expand their benefits resulting in better employee morale and retention
To serve as a seamless back-office support group so that our clients can concentrate on higher value, mission-critical components of their business
To keep employees healthy thereby reducing absenteeism while increasing employee productivity
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