WE CAN OPTIMIZE YOUR HEALTHCARE PLAN

Employers strive to identify the most appropriate health and other non-pension benefits for their employees while controlling costs. Verisight’s health actuarial consulting service can help organizations make informed decisions to optimize and manage healthcare plans, with equitable benefits and rational cost-sharing.

We structure competitive and cost-effective health benefits. Our team of seasoned actuarial consultants serve clients of all sizes. We start from a baseline of assisting you in formulating healthcare coverage beliefs, assessing benefit competitiveness and determining reasonable and attainable financial targets.

Our guidance, tools and resources are backed by in-depth expertise. Our consultants possess deep industry knowledge and expertise to bring you a powerful array of tools and resources, including:
• Benefit plan design, pricing, and benchmarking
• Section 125 plan that delivers valuable tax savings and reduced costs (Flex plans)
• Actuarial claims projections, IBNR reserve calculations and forecasts
• Health Care Reform financial impact analysis (PPACA)
• Self-insurance feasibility studies
• Employee contribution strategies and calculations
• Network analysis and administrator assessment
• Captive insurance feasibility studies
• Multiple employer welfare arrangement (MEWA) actuarial consulting services
• Self-insured health benefits nondiscrimination testing
• VEBA installation, testing, and reporting

We cover the entire spectrum of post-employment benefit plans. Verisight is well-versed in helping you structure retiree medical and other post-employment benefit (OPEB) programs, including medical, dental, life insurance and other non-pension benefit plans. In addition to plan design development, we perform annual actuarial liability valuations that conform to ASC 715/965, GASB 43, and GASB 45.

Verisight: truthful insight.
"Veri" stems from veritas, Latin for truth.
"Sight" derived from "insight", the ability to perceive clearly and deeply.


WHAT'S NEW?

November 18, 2014
Verisight, Inc., a recognized leader in comprehensive retirement plan services and consulting solutions, announced today that Laura Ramanis will join the organization’s leadership team as Chief Operating Officer, effective November 17, 2014. Read the full release.

October 24, 2014
The 2015 Cost of Living Adjustments have been released by the Internal Revenue Service. Each year, the IRS is required to review and adjust the dollar limitations on benefits and contributions under qualified retirement plans to account for cost of living increases. Some limitations will remain unchanged because the increase in the Consumer Price Index did not meet the statutory thresholds for their adjustment. However, other limitations will increase for 2015. View the 2015 limits.

October 23, 2014
Verisight will be hosting a series of 401(k) Boot Camps in November for our 401(k) plan sponsor clients.  Invitations to this 3 part series can be downloaded here.

This program will provide tools to help in-house plan sponsor staff operate their retirement plan correctly. Over the course of 3 webcasts, Verisight will cover basic in-house 401(k) operations from the employer’s perspective to give your team information to help avoid common operational errors.

October 15, 2014
The Newport Group, Inc. and Verisight, Inc. today announced they will be joining forces to increase the size, scale and reach of their respective businesses. Under the terms of the agreement, the holding company of Verisight. Read the full release.