Health and Welfare Consulting Services

A cutting-edge comprehensive health and welfare program that attracts and retains employees in a cost-effective and compliant manner is essential for business success. Touchstone can provide you with the following services to assist you in achieving that goal:


  • Marketing of coverage and comparison of vendor proposals
  • Actuarial valuation of health and welfare plan design changes
  • Plan design benchmarking
  • Employee benefit surveys
  • Wellness plan design, marketing, and implementation
  • Comparison of insured vs. non-insured with state/federally required benefits


  • Short and long-term budget estimates
  • Calculation of COBRA rates
  • Calculation of employee contributions consistent with your company goals including benchmarking to comparator companies
  • Periodic claims analyses that show the trend in company claims cost on an aggregate and individual basis
  • Annual renewal negotiations with each of the carriers
  • Medicare D subsidy assistance including Annual Medicare D Actuarial Attestations
  • Onsite vendor claims audits
  • Development of customized financial software that stores financial information and uses an historical database to produce reports
  • Return-on-Investment calculations for wellness programs
  • Assistance with effective cost-cutting changes, when appropriate


  • Support of day-to-day administration issues and questions
  • Liaison between you and your vendors
  • Assistance with federal and state compliance issues
  • Assistance with the myriad of federal and state filing requirements including Form 5500s and credible coverage notices
  • Ongoing compliance updates
  • Annual enrollment meetings
  • Periodic planning meetings
  • Nondiscrimination testing
  • Perform training sessions including HIPAA security training


  • Summary Plan Descriptions (SPD), Plan Documents and side-by-side design comparisons
  • Other relevant employee communications
  • Educational seminars
  • Benefits manuals
  • Employee benefit statements