Risk Management Approach to Employee Benefits

As always, being a client of The Graham Company means "no surprises." Our transformational approach puts you in control of your company's employee benefits, meaning you will control the strategy that drives your benefits program.

Graham's three part strategy of Health Management, Information Management and Vendor

Management coupled with our unique risk management approach, means employers have everything they need to gain control of their program, slow their cost increases and create a smoother road ahead.

Health Management
Health Management has become an established practice in many Fortune 1000 companies. The nation's largest employers know that 70 percent of illness and disease is caused by lifestyle-related behavior and may be preventable. More and more companies are beginning to realize that the primary driver of soaring healthcare costs is poor health as a result of unhealthy lifestyles. The typical approach of managing costs, such as discounts and networks, help to reduce the unit cost of care, but never address the reason care was needed.

By implementing strategies to improve the health and behavior of plan members, employers can address the real drivers of healthcare costs.

The Graham Company designs and implements customized, incentive-based health management programs that help employers take steps to reduce healthcare cost increases in the long-term.

Information Management
Information Management is the cornerstone of The Graham Company Risk Management Approach to Employee Benefits. Through an analysis of vendor/carrier reports and proprietary reporting tools, The Graham Company provides employers with current information to monitor and evaluate their benefits programs. Our analysis brings an aspect of predictability to our clients' budgeting processes in a concise and timely manner.

Vendor Management
The Graham Company implements a unique Provider Management program to ensure the vendor's clients get the best terms and coverage. This means giving employers power over health programs traditionally controlled by providers, such as pharmacy management, medical management and voluntary benefits.

The Graham Company also takes a very detailed approach to contract review and negotiation. Unlike many benefits brokers, The Graham Company will actually read your insurance policies and negotiate key terms and conditions on your behalf.