Whether we are evaluating a program for multi-employer risk pools, helping a corporate benefits team, working with a Taft Hartley union Trustees or building innovative direct contracting models between local providers and community organizations in rural communities, we offer independent, objective strategies that are actually obtainable.

We spend a tremendous amount of time in employee benefits which is both the top spending category for nearly every organization, but also bankrupting employees and devastating communities. We work with our clients to ensure your new strategy is aligned with your goals and is backed by validated best practices, is fiscally prudent and ultimately holds the insurance industry interest-holders accountable. Everything we do in our advisory work is aligned with fiduciary principles so that you can feel confident in our work. We don’t rely on point-solutions and magic bullets; we focus on real risk management strategies and consider the people impact that are so often set-aside.

Procurement risk is one of the greatest issues in benefits today. Healthcare is complex and purchasing benefits or selecting the right partners is an intentionally opaque process. Frequently organizations delegate the review of contracts to professionals who are compensated by the organizations they are tasked to negotiate with. Financial conflicts of interest exists in every aspect of the industry. The Volition Group sits on your side of the table and can help manage vendors and plan professionals on your behalf. By running procurement and ultimately negotiating contracts with third-party vendors WITH you; we can ensure the best terms, pricing and performance guarantees.

We can oversee your Request for Proposal (RFP) process, manage your plan professionals as they negotiate your renewal and ensure the interest of your vendors is always aligned with the interest of your organization and its people.

We believe this starts with contracting and compensation disclosures. Contact us to receive a template of the compensation and financial dislosure that we require all of our client’s vendors include in their contract.

We walk the walk because this is the same compensation disclosure you will see in our agreementts with you.

Our Risk Management service typically involves one-time projects that offer organizations peace of mind regarding how their current programs are supported by third parties, such as administrators, brokers, or carriers. The complex web of the modern healthcare regulatory environment presents significant risks, particularly for fiduciaries, if not properly managed. By effectively managing these risks and utilizing their potential, fiduciaries have a greater opportunity to take proactive steps towards improved program management. Our role involves working with various entities, such as boards of directors, corporate general counsel, human resources, or union stewards. We sit on your side of the table, helping to educate, identify, and manage industry risks. We specialize in assisting our clients to understand the technical and fiduciary risks associated with the programs they are legally responsible for. Examples of projects that assist fiduciaries in fulfilling their obligations include:

• Drafting CAA (2021) Compensation Disclosures for service providers

• Reviewing Professional Services Agreements (broker/consultant)

• Reviewing agreements with carriers or third-party administrators

• Conducting PBM contract reviews

• Renegotiating contracts

• Establishment of fiduciary committees for ERISA plans