Redefine Employee Benefits.
The
Challenge
The traditional approach to buying employee benefits often results in a passive acceptance of year-over-year renewal increases.
This cycle isn't just financially unsustainable; it overlooks the root causes of rising expenses and misses opportunities to invest in employee health proactively.
Annual Renewal Increases
Root Cause of
Increases
REACTIVE
The
Opportunity
Imagine a benefits strategy that not only mitigates the burden of annual cost increases but also addresses the underlying health and wellness issues facing your workforce. By shifting our perspective from short-term cost management to long-term health improvement, we can transform a vicious cycle of spending into a virtuous circle of savings and well-being.
Mitigate Annual Increases
Address Underlying Health & Wellness
PROACTIVE
Text
The Challenge
The Opportunity
Cost Management
Passive acceptance of rising costs leads to financial strain.
Proactive cost control by addressing health issues reduces long-term expenses.
Employee Health
Ignoring the root causes of health issues escalates costs and affects workplace productivity.
Investing in preventative health initiatives boosts overall employee well-being and productivity.
Benefit Renewals
Annual renewals often result in unexamined cost increases.
Annual renewals provide a chance to reassess and realign benefits with employee needs and health trends.
Long-term Strategy
Short-term focus on cost-cutting misses the broader implications for workforce health.
Long-term investment in health can lead to sustained employee performance and lower health-related costs.
Employee Engagement
Traditional benefits may not align well with employee needs, leading to low utilization and appreciation.
Tailored benefits that address specific workforce demographics increase engagement and satisfaction.
Healthcare Utilization
Inefficient healthcare utilization contributes to rising costs.
Educating employees on proper healthcare utilization can lead to more effective use of resources.
Wellness Programs
Lack of comprehensive wellness programs can oversimplify complex health issues.
Holistic and inclusive wellness programs address diverse employee needs and prevent health problems.
Data Use
Underutilization of health and cost data in decision-making.
Leveraging data analytics to inform benefit decisions and improve health outcomes.
Employee Engagement
Benefits misalignment can contribute to higher turnover rates.
Attractive, well-suited benefits enhance employee retention and attract talent.
Regulatory Compliance
Navigating the complex regulatory environment can be challenging.
Strategic benefits planning can also ensure compliance while optimizing benefit offerings.
Embrace the Oportunity.
The VAST Prevent First Approach
Vision
Every business requires a clear vision for navigating risk. We start by helping you outline a forward-looking insurance vision that aligns with your long-term business objectives.Analyze
With your vision as our guide, we dive deep into the specifics of your business. Our thorough analysis uncovers the nuances of your industry, company operations, safety strategies and current insurance coverage to identify where gaps, redundancies, or inefficiencies may lie.Strategy
Equipped with an understanding of your business, we develop a comprehensive strategy. This includes education on policy details, risk mitigation techniques, and tailored insurance solutions that actively manage your risks throughout the year.Team
In the final phase of VAST, we establish your support team - a group of specialists ready to walk with you through your proactive risk management journey. Accountability plays a significant role here as we partner with you to implement the VAST service plan calendar, ensuring that adjustments and refinements are made as your business grows and changes over time.
Winona Office
174 Center St.
Winona, MN 55987
(800) 657-4448
Woodbury Office
7616 Currell Blvd., Suite 290
Woodbury, MN 55125
(800) 657-4448
La Crescent Office
205 N. Chestnut St., Suite 101
La Crescent, MN 55974
(800) 657-4448
