GREYSTONE ID CARDS
Each employee of your company is provided with a contact card enabling them to directly access Greystone's claim and administrative services. By making ourselves directly accessible to all insured employees and their dependents, there is no need to bring benefit issues to Human Resources or to call the insurance company directly. Phone, fax, email, and website information for both Greystone and the insurance providers are listed on the member's card.

 
CLIENT SERVICE TEAM
In conjunction with the Greystone ID Card, the Service Team is comprised of Greystone associates assigned to your company. Each member of the team is committed to gathering the necessary information to resolve claim issues and provide accurate, easily understandable benefit information. The Client Service representatives act as your advocate and liaison when addressing inaccuracies, benefit explanations, and claim issues with the insurance company or providers.
 
COMMUNICATIONS & INSTALLATION
To ensure employees and their dependents have a clear understanding of the benefits being provided to them, their options, and how to utilize Greystone's services, we conduct small group employee meetings. Greystone prepares streamlined benefit summaries, personalized communications, contribution requirements, and special programs available. These meetings are conducted onsite each year at Open Enrollment for all employees with an understanding that every employee will have access to face to face or telecommunication meetings when geographically necessary. Periodic enrollment meetings for new hires are also encouraged.
 
CLIENT SERVICE VISITS
Greystone Client Service representatives will make multiple personal visits throughout the year to assist with Human Resource and benefit issues. These periodic visits allow us to update your staff on legislative topics, address immediate concerns, and implement new programs and services.
 
DOL COMPLIANCE
To ensure that you are in compliance with the Department of Labor mandates surrounding your benefits program, Greystone provides:
  • Preparation of notifications mandated by law which require annual distribution to all eligible employees
  • Documents for Medicare Part D Prescription drug compliance
  • Section 125 documentation and implementation
This unique service from Greystone Benefits has been reviewed by the Department of Labor for accuracy. While audits are infrequent, non-compliance is expensive.
 
ASSISTANCE WITH 5500 FORM PREPARATION & FILING
Certain plans require 5500 Forms to be filed on an annual basis. We take responsibility for the collection of Schedule A documents, processing the information, and providing a completed 5500 form for review and approval by accounting.
 
CONTRIBUTION & FUNDING STRATEGIES
A variety of contribution strategies which benefit both the employer and employee are illustrated and discussed. Greystone has the ability to develop contribution programs utilizing factors such as income, years of service, and plan steerage.
 
We have the ability to arrange and administer simplified Health Reimbursement programs allowing limited self-funding. These do not affect the quality of the benefits provided to employees. Our most recent block figures confirm that employers retain in excess of 70% of premium savings after all claims are paid.
 
PLAN EVALUATION & MARKETING
Greystone annually markets all programs to ensure both price competitiveness and consideration of enhanced benefits. The marketplace is very dynamic and reviewing changes and enhancements annually is essential to providing the most competitive benefits package.
 
MEDICARE EDUCATION
Coordination and compliance with Medicare laws has become extremely complicated and requires proactive, rather than reactive, services. We accomplish this with written communications as well as special meetings for employees directly or indirectly (parental coverage) impacted by Medicare.
 
See SPECIAL SERVICES
 



Greystone Benefits, Inc. | 5 Station Avenue Suite 100 | Berwyn, PA 19312 | phone: 610-560-0960 | fax: 610-560-0965 | info@greystonebenefits.com