Empowering Your Insurance Solutions
Welcome to ELD Consulting Group Ltd LLC, where we specialize in providing comprehensive employee benefit solutions tailored to meet the unique needs of our business clients. Our experienced team is dedicated to guiding you through the insurance landscape, ensuring you have optimized your employee benefit coverage.
About
At ELD Consulting Group Ltd LLC, we are committed to providing our business clients with tailored insurance and alternative funding solutions that align with and meet their specific requirements.
Established in 2015, we focus on group medical, prescription drug, dental, life, & disability coverages. We specialize in financial modeling, projections and compliance matters including those associated with ERISA, HIPPA, COBRA, ACA, TEFRA, MSP, TiC, Non-D testing, DOL, IRS and Treasury regulations.
With a deep understanding of risk management, we offer comprehensive coverage options for fully insured and alternatively funded solutions including level funded and self funded group benefits.
We have extensive expertise in stop loss reinsurance, underwriting, excess loss placement and foreign reinsurance markets, including captive solutions.
We frequently serve as an expert witness in collective bargaining and reinsurance arbitrations and disputes.
We also provide bespoke services to international and U.S. Insurance Agencies seeking to enter the U.S. markets with our Designated Licensed Responsibility Party ("DLRP") licensure and compliance services.
Our Comprehensive Offerings
What We Provide
Explore our extensive range of insurance products designed to safeguard you and your assets. From stop loss reinsurance and underwriting to group medical, dental, life, and disability coverage, we have you covered.
Group Employee Benefits Consulting and Brokerage
ELD provides employee benefits consulting, brokerage and advisory services to fully insured and self-funded employer group clients ranging in size from 50 to 4,250 employee. We specialize in assisting businesses in effectively navigating the complexities of employee benefits. Our team of professionals is committed to developing tailored solutions that address your organization's specific requirements while enhancing employee satisfaction.
Our extensive Underwriting expertise includes strategic renewal analysis and recommendations, including negotiation approach and multiyear financial arrangements, mid-year renewal projections, funding comparisons, stop loss policy optimization, management of pharmacy benefits and data-driven claims reporting.
Our financial modeling services include plan design evaluation, actuarial minimum value analysis, claims analysis and data analytics, benefit and contribution strategy analysis.
We have extensive compliance experience including Section 105(h) and Section 125 Non Discrimination Testing, the Affordable Care Act (ACA), ERISA and Section 125 including drafting of Summary Plan Documents and fully insured wrap instruments, COBRA, HIPAA, TEFRA, Medicare Secondary Payor, Medicare Part D, RxDC Reporting, and annual open enrollment notices.
Underwriting and Excess Loss Placement
Risks in the U.S. health markets involve high and rising costs, significant market consolidation leading to reduced competition, workforce shortages, rising chronic disease burdens, cybersecurity threats, and complex policy/regulatory shifts impacting providers and insurers, all contributing to affordability challenges for patients and financial pressures on the system. Key employer concerns include drug prices, access to quality care, Medicare Advantage and Medicaid stability, and the growing influence of private equity, creating uncertainty for patients, providers, and payers.
At ELD, we recognize that underwriting goes beyond simple mathematical calculations and exercises in risk assessment. Our strategy takes thorough look at effective risk management. With our expert underwriting and excess placement services you have the option to mitigate, retain, or transfer risk. Rely on ELD for comprehensive coverage customized to meet your insurance needs, focused on first understanding your risks then proving options and solutions to address them.
International and U.S. Insurance Agency Services
Navigate the complex landscape of insurance regulations with our designated licensed responsibility party ("DLRP") licensure and compliance services. We provide comprehensive support for international and U.S. insurance agencies. We serve and have served clients located in Canada, the United Kingdom, Israel, Spain and the U.S.
A DLRP is a specific individual who takes legal responsibility for an agency's compliance with state insurance laws, ensuring all licensed activities, lines of authority, and producer actions meet regulatory standards, acting as a guarantor for the agency's adherence to rules, and often holding specific licenses matching those the agency sells.
ELD is licensed in all 50 states and the District of Columbia for Property, Casualty, Life, Health and Travel.
Stop Loss, Reinsurance, Captives, TPAs and MGUs
An employer can safeguard the Plan's financial stability with ELD's specialized stop loss reinsurance solutions. The purpose of Stop Loss is to protect your business, as the sponsor of the Plan, from unexpected losses. ELD has extensive experience in the underwriting and placement of Stop Loss coverage for employers. ELD has not only placed the coverages for employers, ELD has proved the coverage for over a dozen stop loss carriers.
Multiple employers can also participate in a group captive and collectively reinsure the captive through a reinsurance agreement with a U.S. domiciled Stop Loss Carrier. ELD has extensive contacts domestically and internationally that can assist a captive or even a stop loss carrier obtain cover that would otherwise not be available. ELD also has extensive experience with Stop Loss Underwriting and can assist both TPAs and MGUs in arbitrations, underwriting of new programs, carrier relationships, reinsurance arrangements and structural compliance including underwriting guidelines.
Client Testimonials
“In an industry where critical information and quality service matter most, ELD Consulting Group, Ltd. delivers! Led by Eric Dove, the group consistently provides detailed analysis to ensure a firm understanding of trends, both qualitative and quantitative, to benchmark success and identify challenges that shape decisions and planning for health benefits. Backed by Eric's extensive knowledge and experience in the Healthcare Industry and claims processing, the decision to partner with ELD Consulting Group is an easy one.”
- Louis P., MBA, PCSBA, SFO
"ELD Consulting Group produces my company with exceptional insurance solutions and guidance. Their expertise, efficiency and dedication made the entire process seamless, and I feel confident knowing we've maximized all available solutions in terms of value, protection and long term manageability."
Mike S., President
"We have been working with ELD Consulting Group for insurance solutions for over five years, and they consistently bring clarity and confidence to a process that can otherwise feel overwhelming. They are extremely easy to work with, and their team is professional, responsive, and truly client-focused."
Alina J., Owner
“I highly recommend ELD Consulting for their comprehensive insurance offerings and exceptional client-centric approach. Their commitment to understanding our unique requirements and providing tailored solutions are much appreciated.”
Brett C., CEO
"Navigating the world of employee benefits can be challenging, but ELD Consulting Group makes it look easy. Their deep understanding of complex insurance topics and understanding of compliance issues ensure our consortium runs efficiently. What sets them apart is their management of our consortium. They possess the ability to balance the diverse needs of multiple consortium members, ensuring that every entity feels heard, while maintaining a unified strategic vision. Serving as our primary liaison, ELD navigates the relationship with our carriers —advocating for our members to ensure we receive the best possible rates and service levels.
Their attention to detail is remarkable, but it’s their heart for service that makes them stand out. No question is too small, and no problem is too complex for them to tackle.. Five stars for professionalism, expertise, and their commitment to our consortium."
Leslie F., Director of Business Administration/Board Secretary/Open Records Officer
Client Testimonials (continued)
"ELD Consulting Group Ltd LLC has proven to be an invaluable partner—responsive, reliable, and genuinely committed to our long‑term goals. Their expertise has helped ensure that our benefit programs remain financially sustainable, strategically focused, and fully compliant with ever‑changing federal and state regulations. I would confidently recommend them to any organization seeking a knowledgeable and dependable professional to guide and safeguard their health and welfare plan."
Patti T., Vice President, Human Resources
"ELD Consulting provides the expertise and guidance needed to navigate this ever-changing landscape. They support our medical, dental, life, and LTD benefits with strong fiscal oversight, clear monthly reporting, and effective liaison with insurance carriers. Their team ensures compliance accountability while remaining highly responsive and attentive to questions. ELD Consulting delivers expert guidance that brings clarity and confidence to benefits management."
Kimberly T., Esq.,
Assistant to the Executive Director
"WT Butler & Co have been working with Eric Dove and ELD Consulting Group for more than fifteen years. I cannot recommend them highly enough. They have deep knowledge of all aspects of our business, whether it be ERISA plan compliance, State and Federal regulations, the structuring of Group Health plans, the construction of Reinsurance Programs and complex claims issues. The service we have always received has always been second to none and advice is always delivered in a clear and easily understandable fashion. If we have an issue our first call is always ELD.."
Paul E P.
Joint President and Managing Director, Bermuda
"Our partnership with ELD Consulting has allowed us to expand into new markets faster than we ever anticipated. ELD's expertise has helped us navigate the vast complexities of the insurance industry in an effective and compliant manner, ensuring long-term, sustainable growth. Working with ELD isn't simply hiring another vendor; it is a true partnership grounded in mutually aligned objectives, a deep and trusted relationship, and an unwavering commitment to ethics. I cannot recommend them enough”
Joseph S., Chief Revenue Officer
“I have worked with Eric over the past ten years in both co-worker and client capacities. What has remained constant is the care and diligence that Eric brings to his work, drawing from an incredibly broad-based background in the benefits space. He can go deep on a topic, but also broad, across multiple segments, functions, and domains, allowing him to provide well-rounded advice accounting for secondary effects. No matter the topic, Eric tackles problems with an intellectual rigor and high performance standard that brings you a level of confidence that is rare in our industry.”
Mike B., President
Expert Consulting Services
Independent Brokering Services
What is the Difference?
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Agents work for the insurance company (often captive/exclusive), selling their specific products to customers. They are trained professionals helping with enrollment.
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Brokers act as an independent, unbiased intermediary for the client, comparing multiple policies and programs across various carriers to find the optimal solution for the group client. Brokers may charge a fee that is paid by the plan or work on commission that is paid by the issuing carrier(s).
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Consultants provides expert, strategic, often year-round guidance (e.g., compliance, HR strategy) rather than just facilitating a "sale transaction". Consultants are usually paid a fee for their expertise.
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Under Federal law (ERISA Section 408(b)(2)), brokers and consultants receiving $1,000 or more in direct/indirect compensation for group health plans must disclose all compensation, including commissions, to plan fiduciaries before contracts are signed or renewed. The Consolidated Appropriations Act (CAA) of 2021 requires these disclosures for medical, dental, vision, and other services to ensure fees are reasonable and to avoid prohibited transactions.
ELD Consulting Group offers unparalleled consulting and brokerage services tailored to your business needs. Our team of experienced professionals provides strategic guidance and innovative solutions to help you achieve your goals. With a focus on collaboration and excellence, we are committed to delivering results that exceed expectations. Partner with us for a personalized approach to success. Let's elevate your business together.
Connect with ELD Consulting Group Ltd LLC
Reach Out to Us
Do you have any inquiries or require assistance? Feel free to get in touch with us to explore our diverse range of insurance services and discover how we can cater to your specific needs.
