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Ensure compliance with Federal, State and Local government regulations. Specifically, with <br />regard to PPACA Employer Mandate, comply with required eligibility, affordability and minimum <br />coverage / value requirements. <br />Provide participants with educational resources and materials to understand and effectively use <br />their benefits to their advantage <br /> <br />Framework <br />The proposed framework for the 5 Year Benefits Strategy has been established with the <br />assistance of IPS Advisors, our benefits consultant. The framework identifies strategic areas of <br />focus that will have substantial influence in the Sample Company <br />competitive and cost effective benefits program. These areas include: <br /> Health Risk Management Strategy <br /> Financial Solvency Strategy <br /> Compliance Strategy <br /> Employee Engagement Strategy <br /> Catastrophic Risk Strategy <br />- Health Plan <br />- Life Insurance Plan <br />- Disability Insurance Plan <br />- Retirement Plan <br /> Ancillary Risk Strategy <br />- Dental Plan <br />- Vision Plan <br />- Employee Assistance Program <br />- Indemnity Insurance <br /> <br />Recommended short term (1 to 2 years) and long term (3-5 years) strategies are provided for <br />each strategic focus area. Recommendations are founded upon trend reports, market <br />benchmarking data (Exhibit B), literature on best practices, historical data, and our <br />recommendations. <br />A timeline (Exhibit A) incorporating the strategic recommendations is also attached to provide <br />additional perspective on potential implementation dates of the strategic recommendations <br />contained within this report. <br /> <br />(¤ «³§ 2¨²ª - ­ ¦¤¬¤­³ 3³± ³¤¦¸ <br />Employee and spousal participation within the Sample Company <br />is paramount for future cost control. The Sample Company and its Wellness Committee have <br />developed comprehensive wellness programs including but not limited to biometric screenings, <br />health risk assessments, coaching and self-help resources, chronic condition coaching, on-site <br />gym with training programs, and wellness events and activities. <br /> <br /> <br />