Totem’s innovative approach to plan design and product offering considers the client’s total benefits portfolio to maximize benefits, provide appropriate coverage, avoid over-insurance, and manage plan costs and employee premiums.
Totem has a proven track record working with carriers to shape and implement uncommon innovative products and plan provisions.
Totem understands the importance of accurate advice and compliance with ERISA law for health and welfare plans. The law is continually being refreshed to expand protections for plan participants and beneficiaries, and Totem remains a resource for legislative advice.
Totem customers are up-to-date regarding industry and legislative issues and their impact in benefits plans, the employees, and the employer.
Totem is a viewed as a reliable and informative resource for PPACA and how it impacts employers, employees, and individuals.
Thorough affordability analysis and recommendations are provided to ensure employer compliance and achievement of customer goals.
Totem’s health plan design recommendations project and manage future employer plan costs, including the Cadillac plan tax.
Totem clients are advised and educated on all facets of the law, including the pay or play mandate and employer reporting requirements.
The Benefits Services Center is trained and educated on health care reform legislation and how it impacts the employees. Employee messaging is tailored based on the employer’s PPACA strategy and objectives.
“No enterprise can exist for itself alone. It ministers to some great need, it performs some great service, not for itself, but for others; or failing therein, it ceases to be profitable and ceases to exist.”
— calvin coolidge