Foster & Foster Actuaries and Consultants: Innovative Actuarial Solutions for Mid-Size Employers

Vectra DigitalBlog, Private Self-Funded Health Plan

Mid-size employers have an unenviable position in employee benefits: large enough to have cost control options available, but too small to enact these solutions on their own. To address this, Geoff Marsh founded Marsh Consulting Group (MCG) in 2000 with a vision of strategic cost control, effective employee communications, and comprehensive regulatory compliance. Foster & Foster acquired MCG in 2018, thus combining MCG’s vision with Foster & Foster’s 39-year history of actuarial experience. The Foster & Foster team specializing in healthcare solutions is led by Principal and Senior Consultant Travis Smith, who has more than 20 years experience in health and welfare consulting. The team also includes experienced consultants in actuarial assessment and plan design, regulatory compliance, and employee communications, along with benefit analysts to assist clients with everyday benefits plan management.

Our Strategic Approach

  • We employ a risk management expert—rather than a sales expert—to advocate your position with insurers/vendors and to explain alternatives and impacts to senior management
  • We use a strategic actuarial approach that is not influenced by broker-commission product solutions to ensure that Foster & Foster is a completely independent client advocate
  • We not only develop your optimal benefits strategy, we also help to implement, communicate, manage, and monitor your plan to minimize surprises, ensure objectives are satisfied, and demonstrate success

Foster & Foster Provides Improved Results for Less

The Foster & Foster team brings unparalleled value to mid-size organizations. We work to analyze risk, quantify potential outcomes, and assist with cost control and plan management. Your organization will receive the actuarial analysis required to make certain that its unique needs are met—for much less than what you’re currently paying in broker commissions!

And it doesn’t stop there. Foster & Foster partners with you to optimize your internal resources. Foster & Foster anticipates your needs and is responsive to your inquiries. Our clients know they have access to quality, customized health and welfare benefit solutions and services.

Would you like to learn more about Foster & Foster’s Innovative Actuarial Solutions? Click on the image below to view Foster & Foster’s scope of services for mid-sized employers.

Foster & Foster works closely with employers throughout the U.S. to design, implement, communicate, and manage successful employee benefit cost control strategies. Contact us at info@foster-foster.com to learn how we can help you.

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