Solutions - Bim Group

Clarifying the Critical

Bim Group designs, manages and supports custom employee benefit plans for a diverse set of clients with a variety of needs and differing priorities. We understand that benefits and insurance are complicated and ever-evolving. Therefore, we diligently maintain our knowledge of the current laws and industry best practices, and pair this knowledge with a laser-sharp understanding of each client’s concerns (e.g., budgetary restrictions, affordable healthcare, top benefits for employees, communication with employees, and process efficiencies, etc.). We make it easy for employers to sustain an employee benefit plan that is an integral component of an employee’s total compensation.

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Planning & Design

Bim Group is unmatched in its utilization of tools and resources in combination with the broad bench strength of consultants, underwriters, analysts, and account management teams to execute your employee benefit strategy—whether you have 50 or 5,000 employees. We are experts at executing complex project management including identifying cost reduction opportunities, building reliable budgets, and reporting financial/clinical data. Our planning and design resources support informed and objective executive decisions for any size employer.

Our Strategic Planning Process

The 212° Workforce Solution is our proprietary and proven planning process that assures employer clients that their vision will be executed and achieved. The Workforce Solution is comprised of four steps resulting in a customized benefits blueprint. This includes the completion of a questionnaire, a discovery session, analysis of and reflection on information gleaned from the questionnaire and discussion, and a presentation of a step-by-step, multi-year plan delineating a path to achieving your company’s vision.

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Population Health Management

Identifying and mitigating health risks within an employee population, which results in reduced utilization and savings, is easy to articulate but difficult to execute…without the expertise of Bim Group.

Forward-thinking employers who embrace population health management (PHM) as an economic business decision drastically impact employee health care consumption. Bim Group’s PHM strategies benefit employers that aspire to gain control over the cost of employee health care.

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Communication & Engagement

A critical success factor of any employee benefit plan is implementing strategies to ensure employees understand and value the benefits their employer provides. Recognizing the various learning styles of employees from baby boomers to millennials, our communication and graphic design teams distribute robust, dynamic communication resources.

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HR / Employee Advocacy

Bim Group is committed to making employee benefits easy to implement and administer while affording HR professionals the opportunity to focus on their core responsibilities. Our HR advocacy resources are designed to support executive leadership decisions regarding benefits in tandem with providing employees with an exceptional benefit experience year-round.

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Compliance

ERISA, ACA, FMLA, COBRA, HIPAA, GINA, ADA, FLSA and the list goes on. Many employers are unaware of the full scope of responsibilities necessary for compliance with federal regulations for health and welfare plans. Adherence to regulations protects the client from fines, keeps employees informed, and creates a strong foundation for the health and welfare plan. Bim Group ensures compliance obligations have been streamlined for maximum efficiency. We do not provide legal advice, but with a dedicated Director of Compliance, we offer education, recommend next actions, and connect clients with partners to address vulnerability gaps. Bim Group prides itself on timely communication, relevant webinars, and a client compliance portal housing past webinar recordings, white papers, and articles are readily available to clients.

When the needs of clients are beyond our scope of knowledge, our UBA partnership provides external points of contact with specialized legal counsel to facilitate discussions.

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Recent Insights

January 24, 2020
News

Bim Group named one of the 2020 Best Places to Work in Kentucky!

Bim Group is honored to be named a Best Place to Work (BPTW) in Kentucky for the 15th year in a row! We are extremely proud of our perennial recognition as a “Best Place to Work” employer – a designation bestowed on our company by our employees. We have a unique culture that fosters exceptional teamwork and […]
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January 21, 2020
News

Bim Group: A Year in Review

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January 17, 2020
Communication, Employee Benefits, HR Elements, Human Resources

HR Elements: Marketing a Modern Benefits Package

Each year can bring new challenges for successfully implementing and marketing a modern employee benefits package. Participation is critical—without it, companies cannot offer the kind of benefit savings that they are expected to. Add this to the state of the “talent crisis” as it stands with the current job market, and your HR team has […]
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January 13, 2020
HRA, IRS

Highlights of the Patient-Centered Outcomes (PCORI) / Comparative Effectiveness Fee

The Patient-Centered Outcomes Research Institute (PCORI) fee initially applied from 2012 to 2019. However, in December 2019, the Further Consolidated Appropriations Act, 2020 extended the fee to 2029. The fee is due based on plan/policy years ending on or after October 1, 2012, and before October 1, 2029. The fee is due by July 31 of the year following the calendar year in which the plan/policy year ended. This means that the first fee was due July 31, 2013, for those on November, December, and […]
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