• Medical
• Dental
• Life
• Disability
• Vision

• EAP
• Section 125
• HRAs
• Voluntary Payroll Deduction Products
• Union Health and Welfare Funds

• Defined Contribution (401k and 403b)
• Defined Benefit
• Health and Welfare
• Annuities
• Supplemental retirement programs
• Qualified and Non-Qualified Plans

• Direct compensation and market studies
• Design, communication, funding and administration of incentive programs
• Executive compensation packages
• Compensation Statements

Our data driven approach helps us in assessing and managing risk. We have a thorough knowledge of available insurance products and self funding (or any combination of the two) in order to finance benefit plans to effectively reduce, eliminate or transfer risk.

While we are not administrators, we have substantial experience and resources involving all aspects of plan administration. For instance, we have undertaken major studies around insourcing and outsourcing plan administration. In many cases we place resources onsite to assist with actual administration. We also are strong technically in the areas of HRIS, eligibility, billing, system functionality and controls, claim management, reporting, COBRA and HIPAA.

Cambridge Advisory Group examines the regulatory, financial and administrative status of our clients' programs. We usually perform reviews (often referred to by our clients as either Due-Diligence or Survey and Analysis) when we bring on new clients. These exercises give us the background information to make sure each clients' needs are identified, as well as how to best manage both the risk and the group rating. As part of our ongoing service, we track emerging regulatory and compliance issues as well as identify potential short falls. Lastly, we typically "spot audit" on an ongoing basis to ensure both compliance and continuous quality improvement.