Services

Services

Managed Care Network Evaluation Services

Ann Arbor Financial researches an evaluates hundreds of providers based on national and local criteria. When we recommend a plan it is only after it has met the criteria specific to the individual client.

Administrative Support Services

By offering our clients assistance with daily premium and carrier challenges and offering other resources and information, we minimize the administrative burden of benefits management to them and their employees. Accuracy of policies, master plan documents and summary plan descriptions are assured by regular review.

Communication Services

Ann Arbor Financial helps you communicate clearly with your employees about their benefits. We prepare written communication materials, conduct employee meetings, run employee focus groups, conduct train-the-trainer meetings, and provide outside vendors when additional support is required.

Financial Analysis Services

To review both retrospective and prospective costs, annual and mid-year renewal meetings are conducted between Ann Arbor Financial and each client. Plan designs are analyzed for opportunities to evolve and employee contribution levels are analyzed to ensure competitiveness. Alternate payroll deduction models are provided for clients’ consideration on a regular basis and alternative funding techniques are evaluated to reduce corporate cost. Negotiations with all insurance carriers are ongoing to optimize dollar value, and detailed reports are provided with attending summaries, reviewing benefits and costs of competitive bids.

Employee Benefit Plan Management Services

A dedicated Ann Arbor Financial Team manages all aspects of our clients’ employee benefit planning. Corporate goals are set and performance is measured regularly to ensure these goals are met. Ann Arbor Financial explores new products and cost containment measures with all our clients to maximize employee satisfaction and dollar value.

Plan Design Services

Regular reviews of our clients’ benefit plans result in recommendation to maximize coverage and minimize cost. By benchmarking the competition, we advise our clients on the competitiveness of their benefits package as it compares to other benefit packages within their industry, thereby strengthening their recruiting and retention position. Ann Arbor Financial stays abreast of state and federal laws and passes this up-to-date legal knowledge on to out clients to ensure their compliance.

Other Services

Ann Arbor Financial has partnered with a variety of proven and trusted vendors including:

  • Property and Casualty Brokers
  • Qualified Pension Plan Administrators & Investment Advisors
  • Flexible Benefits Record Keepers
  • Executive Compensation & Non-Qualified Pension Plan Consultants
  • Individual Life Insurance & Estate Planning Services

Plans & Administrative Services

Insurance Benefits
  • Life
  • Accidental Death & Dismemberment
  • Short Term Disability
  • Long Term Care
  • Dental
  • Vision
Medical Insurance
  • Indemnity Plans
  • HMO Plans
  • PPO Plans
  • Self-Funded Plans
Section 125 Plans
  • Premium Only Plans
  • Flexible Reimbursement Accounts
  • Cafeteria Plans
Retirement Plans
  • 401(k) Plans
  • Tax Sheltered Annuities
  • SIMPLE Plans
  • SEP
  • 457 Plans
Executive Shareholders Plans
  • Salary Continuation
  • Stock Redemption
  • Key Person Insurance
  • Individual Disability Insurance
  • Deferred Compensation
COBRA & HIPAA Administration
  • Complete Set-up
  • Online QE Notification
  • Premium Collection/Tracking
  • Monthly Reporting
  • Legislative Updates
  • Employee Notification Letters, Premium Coupons, Medicare and Conversion Availability
  • Certificates of Credible Coverage
Enrollment Services
  • Complete Enrollment Services
  • Electronic Enrollment to Insurance Companies
Custom Designed Tax Advanced Compensation Plans for the Business Owner