Our Services > Actuarial Services

We offer cost-benefit analysis to help you decide which plan is best.

Consulting

We offer detailed analysis of different provider networks, including:

• Pricing
• Risk Analysis
• Annual Actuarial Report Filing
• Assistance With External Audits ff Self-Funded Plans
• Claims Analysis
• FASB Or GASB Plan Information for Retirees
• Outside Review of The Fully Insured Carrier’s IBNR Estimate at Renewal Time
• Setting Funding and COBRA Rate for Self-Funded Plans
• Best, Worst and Most Likely Case Scenarios

Flexible Benefit Plan Design & Administrative Strategies

Trade benefits for cash, credits or other taxable benefits.  MartinWest Insurance Brokerage guides our client through the array of options to design plans that are tailored to meet their goals. Our services can include:

• Cost Analysis
• Long Term Planning
• Design & Financing
• Implementation
• Administration
• Communication

Underwriting

The underwriting expertise of MartinWest Insurance Brokerage provides the tools for financial management and renewal analysis. The following services are provided:

• Evaluate Claims Administrators’ Financial and Claim Reports
• Research Mid-Year Financial Review and Forecast
• Prepare For Annual Renewals From Carriers and Other Vendors
• Analyze Carrier’s Effectiveness In Managing Claims Costs
• Spot Trends In Cost and Funding
• Evaluate Managed Care Systems
• Prepare Periodic Claims and Financial Reports

Utilization Analysis

MartinWest Insurance Services has the experience to analyze and evaluate Utilization reports.  The following services are provided:

• Internet-Based Process Automation
• Evaluate Carriers` Effectiveness
• Analyze Emerging Plan Cost Trends
• Analyze Costs
• Identify Utilization Patterns
• Recommend Plan Design Changes

We have been helping companies reduce costs and improve benefits for over eleven years. Contact MartinWest Insurance today toll free at 1.877.656.0427 or email at info@mwinsure.com.