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Table of Content

  1. Header
  2. About NFP
    1. Table of Contents
    2. Cover Letter
    3. Locations
    4. Numbers We're Proud Of
    5. Core Disciplines
    6. Familiar Faces
  3. Meet the Team
    1. Work With YOU
    2. Picture Collage
  4. Consulting Structure
    1. Consulting Model
    2. Proactive Year-Round Approach
    3. Comprehensive Reporting
    4. Key Considerations
  5. Customized Approach
    1. 1. Select the right funding model
    2. 2. Deploy data analytic tools to identify actionable insights
    3. 3. Implement cost containment strategies
    4. 4. Driver outcomes with employee education
    5. 5. Optimize
    6. Innovation & Technology
    7. Vendor Leverage
    8. Scalability
    9. Data Security
  6. ICON + NFP
    1. High-Level Observations
    2. 2025 Onboarding & Renewal Project Plan
    3. Strategic Three-Year Roadmap
    4. Fully Insured to Self-Funded Timeline
  7. Additional Resources
    1. In-House Compliance Team
    2. Voluntary Benefits COE
    3. InsurChoice Digital Marketplace
    4. Rx Solutions
    5. Actuarial Services
    6. Stop-Loss COE
    7. Human Captial
    8. NFP Ventures
    9. Property & Casualty
    10. Retirement
    11. PeopleEQ
    12. Benchmarking
  8. Attachments
  9. Footer


About NFP

  • Mission
  • A Global Broker in Your Backyard
  • Numbers We're Proud Of
  • Core Disciplines
  • Familiar Faces

Meet the Team

  • Your NFP Team & NFP National Resources
  • Community Involvement

NFP Consulting Model

  • Our Consulting Model
  • Proactive Year-Round Approach
  • Comprehensive Reporting
  • Key Considerations

Areas of Focus

  • 1. Select the right funding model
  • 2. Deploy claims analytic tools to identify actionable insights
  • 3. Implement cost containment strategies
  • 4. Driver outcomes with employee education
  • 5. Optimize
  • Vendor Leverage
  • Scalability
  • Data Security

ICON + NFP

  • High Level Observations
  • 2025 Onboarding & Renewal Project Plan
  • Strategic Three-Year Roadmap
  • Fully Insured to Self-Funded Timeline

Additional Resources

Attachments

NFP, an Aon company, is an integrated organization of consultative advisors and problem solvers.

We provide expertise to help companies and individuals address their most significant risk, workforce, wealth management and retirement challenges. The value we deliver is driven by the proactive collaboration, diverse perspectives and grounded ambition of more than 8,000 colleagues in the US, Puerto Rico, Canada, UK and Ireland.

Our Mission

Deliver global capabilities and solutions to a diversity of clients, industries and communities by putting people first, prioritizing partnerships, solving problems and continuously advancing a culture we’re proud of.

Our Austin Team gives you a global broker right in your backyard!

Numbers We're Proud Of

Core Disciplines

Familiar Faces - We love to be brand ambassadors for our clients

Meet Your Dedicated Team!

Community Involvement

Consulting Model

Proactive Year-Round Approach

Comprehensive Reporting

Key Considerations

Much like home building, most consultants have remained unchanged over the years

Today, data and innovation empower employers to take control like never before

Cost Efficiency of Plan Structure and Funding


Claims Analytics

Cost & Quality Transparency

Demographic Analysis

3. Implement cost containment strategies

Cost Containment Strategies

Closing Gaps to Mitigate Costs & Improve Outcomes

Importance of Biometric Screenings

Identify Prevalent Chronic Conditions & Behaviors

Select the Right Point Solutions - NFP Innovation Lab

Communication & Education

Employer & Employee Experience

Client Example - Chronic Condition Point Solution

Benefits Due Diligence

International Capabilities




Data Security

Data Security Certified NFP’s SOC 2 Type II

(See Benefits Analysis Attachment)

Voluntary Benefits COE

VB

From inception and implementation, engagement to measurement, our Voluntary Benefits Center of Excellence removes the barriers that often discourage employers from offering a robust employee benefits program.


Our VB quoting panel efficiently provides competitive and meaningful supplemental health plan quotes, including critical illness, accident, hospital indemnity, and permanent life (with/without LTC) coverage, with additional such as identity theft, legal, and pet insurance.


Our enrollment and engagement services connect employees to offerings through communication and streamlined benefits administration and enrollment. NFP clients can choose from on-site benefit counselors, call center benefit counselors, and an open enrollment communications site with product videos, and much more.


The VB COE manages the process between NFP teams and voluntary benefits partners, streamlining interactions between you, our experts, and benefits and engagement vendors with the intention to improve employee’s enrollment experience.

InsurChoice Digital Marketplace


Rx Solutions

Skyrocketing prescription drug prices stand out as the fastest rising healthcare-related cost for employers. Gross prescription prices have increased 4-8% annually for the past five years, but through NFP Rx Solutions’ contract negotiations and clinical programs, net prescription prices for our clients have actually decreased 1-4% annually over the same period.


The NFP Rx Solutions team will assist your account team by developing ideas and recommendations to manage expenses and utilization. Rx Solutions manages prescription drug benefits costs through vendor selection, pharmacy plan audits, clinical management, plan design, and sophisticated analytics. The team of pharmacists, managed care veterans, and data analysts are experienced in designing and implementing successful strategies.


With customized analytical tools, the Rx Solutions team focuses on prescription drug plan financial stability and the quality of member care, driven by robust data analysis. Scope of services include managing all phases of a competitive Pharmacy Benefit Management (PBM) selection process, negotiating new or renewal contract terms and language, overseeing prescription plan implementation and clinical initiatives, financial and clinical analysis, and evaluation of PBM services and programs (including results against performance guarantees).

Actuarial Services

AS

NFP’s Actuarial Services Team provides you with the precision required in today’s complex benefits landscape. Services include consultations, analyses and valuations related to all health and welfare programs and plans.

Our actuarial staff is committed to assisting in implementing the financing, risk, administration, and marketing of health care arrangements. Our Actuarial Services Team provides over 75 combined years of world-class actuarial input and expertise.

Our high-quality products are your solutions for:

•Incurred but not reported (IBNR) estimates and certifications

•Cost projections, including rate development and adequacy certifications

•Pricing of alternative health plan designs

•Review and analysis of rate renewal proposals

•Self-insurance feasibility and cost analysis

•Analysis and determination of proper stop-loss retention levels, stop-loss rates and proposals

•Calculation and certification of COBRA rate equivalents

•Other post-employment benefits (OPEB) valuations, in accordance with the FASB and GASB accounting rules

•Mental health parity testing

•Medicare Part D creditability testing

Stop-Loss COE

SL




Human Captial

NFP Ventures

NFP Ventures

As expectations for the future of work shift and advances occur in benefit distribution and data analytics, evolving consumer expectations have spurred innovation within the insurance industry at an unprecedented rate.


Our current portfolio spans multiple business lines, including corporate benefits, property and casualty, and individual solutions.

Property & Casualty

Retirement

PeopleEQ

PeopleEQ - NFP's Total Engagement Platform

Keeping your benefits program current and competitive is vital to achieving your business strategies. A nonexistent or flawed benchmarking process may lead to poor decisions and costly results.


The dataset includes information on the prevalence, costs and provisions of different benefit types, and can be reported by:

•Company size

•Industry

•Geographic region

•Plan design specifications

•Contribution levels


Successful benefits benchmarking will support:

•Awareness of plan performance, strengths and weaknesses

•Greater confidence in developing and managing benefits plans

•Greater involvement and motivation to share market trends

•Increased willingness to share solutions to common problems and build consensus about what is needed to accommodate changes

•Better understanding of the big picture and how different factors interplay to facilitate the design of a competitive benefits package

Construction Benchmark

Construction Benchmark

Technology Benchmark

Technology Benchmark

Icon Benefits Analysis

Icon Benefits Analysis

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