Construction Today - January 2017 - 71

IN THIS SECTION
The Ryan Co. Inc.
ing your employees' disposable income dilemma. You can begin
by reviewing historical trends of employee benefits costs, as well
as assessing employee salary adjustment trends.
2. Look at the current management techniques being deployed to
control your plans. How much of your strategy is cost-shifting
vs. cost savings? Are there opportunities to reduce cost and share
those savings with employees? Begin by evaluating vendor relationships and associated arrangements vs. results. Are you really
getting what you pay for? As a fiduciary of your medical plan,
your responsibility is to evaluate all service provider contracts
and determine where there may be opportunities to save money
and increase value. Assign your best managers to the benefits
team and question everything. Analyze all existing programs,
vendor relationships and contracts. Ask for detailed reporting in
order to understand pricing, fee structures and utilization.
3. Recognize the barriers your team has created regarding possible available options and modifications. When you hear "we
couldn't possibly do that," be sure to take the "yes, if" instead of
the "no, because" approach to plan management. Promote and
allow your benefits team to take risks. Don't expect perfection,
but demand progress.
4. Stop depending on organizations and vendors that are profiting
from a broken system and process.
5. Instead of working in a silo, bring management of benefits into
the mainstream of business priorities. What else do you spend
this kind of money on? Reveal the mystery of employee health
benefits and manage these costs with the type of scrutiny used in
other key areas of your business.

p.72
The Ryan Co. excels in
projects that involve the
newest technology.

State Utility
Contractors p.80

State Utility Contactors
specializes in large heavy
civil construction work.
Company Profiles
72
75
80
84

The Ryan Co. Inc.
GAC Contractors Inc.
State Utility Contractors
Balfour Beatty Infrastructure Inc.

appreciate increased wages you will be
able to provide.
* Your business will have more resources.
* Your plan can achieve a meaningful
decrease in cost.

What Now?
Embrace change, get involved and shake things up. You can make a
difference. It all starts with the key internal changes described above.
The crucial point is to appreciate the true impact that healthcare costs
are having on your employees and organization. A new paradigm is
necessary to embrace solutions that are, in fact, quite different from
today's traditional approaches.
Your next step is to focus on the acquisition of healthcare and
health plan services in the same manner used for traditional
economic products and services. Begin with critically exploring
non-traditional market solutions with a focus on high-quality, lowcost service providers. This subject is a key topic for your success
and involves a lot more information than what can be contained in
this column.
If you take these steps, you can expect that:
* You will gain control of a system in chaos.
* Your employees will have a better opportunity to experience and

The solution is to improve cost and quality
of services delivered with aggressive management. There are many levers that can be
adjusted in order to produce a positive effect
and while it may seem daunting, it truly is
possible to drive change. There are resources
available to help you navigate this landscape,
including organizations not entrenched
and highly conflicted by the massive profits
generated from today's system.

Eric Krieg is the president of Risk International Benefits Advisors, which specializes in helping companies optimize their employee benefits plans to reduce
overall costs for the company and their employees. For more information, visit
www.riskinternational.com.

71

JANUARY 2017 CONSTRUCTION-TODAY.COM


http://www.CONSTRUCTION-TODAY.COM

Table of Contents for the Digital Edition of Construction Today - January 2017

Contents
Construction Today - January 2017 - Cover1
Construction Today - January 2017 - Cover2
Construction Today - January 2017 - 1
Construction Today - January 2017 - 2
Construction Today - January 2017 - Contents
Construction Today - January 2017 - 4
Construction Today - January 2017 - 5
Construction Today - January 2017 - 6
Construction Today - January 2017 - 7
Construction Today - January 2017 - 8
Construction Today - January 2017 - 9
Construction Today - January 2017 - 10
Construction Today - January 2017 - 11
Construction Today - January 2017 - 12
Construction Today - January 2017 - 13
Construction Today - January 2017 - 14
Construction Today - January 2017 - 15
Construction Today - January 2017 - 16
Construction Today - January 2017 - 17
Construction Today - January 2017 - 18
Construction Today - January 2017 - 19
Construction Today - January 2017 - 20
Construction Today - January 2017 - 21
Construction Today - January 2017 - 22
Construction Today - January 2017 - 23
Construction Today - January 2017 - 24
Construction Today - January 2017 - 25
Construction Today - January 2017 - 26
Construction Today - January 2017 - 27
Construction Today - January 2017 - 28
Construction Today - January 2017 - 29
Construction Today - January 2017 - 30
Construction Today - January 2017 - 31
Construction Today - January 2017 - 32
Construction Today - January 2017 - 33
Construction Today - January 2017 - 34
Construction Today - January 2017 - 35
Construction Today - January 2017 - 36
Construction Today - January 2017 - 37
Construction Today - January 2017 - 38
Construction Today - January 2017 - 39
Construction Today - January 2017 - 40
Construction Today - January 2017 - 41
Construction Today - January 2017 - 42
Construction Today - January 2017 - 43
Construction Today - January 2017 - 44
Construction Today - January 2017 - 45
Construction Today - January 2017 - 46
Construction Today - January 2017 - 47
Construction Today - January 2017 - 48
Construction Today - January 2017 - 49
Construction Today - January 2017 - 50
Construction Today - January 2017 - 51
Construction Today - January 2017 - 52
Construction Today - January 2017 - 53
Construction Today - January 2017 - 54
Construction Today - January 2017 - 55
Construction Today - January 2017 - 56
Construction Today - January 2017 - 57
Construction Today - January 2017 - 58
Construction Today - January 2017 - 59
Construction Today - January 2017 - 60
Construction Today - January 2017 - 61
Construction Today - January 2017 - 62
Construction Today - January 2017 - 63
Construction Today - January 2017 - 64
Construction Today - January 2017 - 65
Construction Today - January 2017 - 66
Construction Today - January 2017 - 67
Construction Today - January 2017 - 68
Construction Today - January 2017 - 69
Construction Today - January 2017 - 70
Construction Today - January 2017 - 71
Construction Today - January 2017 - 72
Construction Today - January 2017 - 73
Construction Today - January 2017 - 74
Construction Today - January 2017 - 75
Construction Today - January 2017 - 76
Construction Today - January 2017 - 77
Construction Today - January 2017 - 78
Construction Today - January 2017 - 79
Construction Today - January 2017 - 80
Construction Today - January 2017 - 81
Construction Today - January 2017 - 82
Construction Today - January 2017 - 83
Construction Today - January 2017 - 84
Construction Today - January 2017 - 85
Construction Today - January 2017 - 86
Construction Today - January 2017 - 87
Construction Today - January 2017 - 88
Construction Today - January 2017 - 89
Construction Today - January 2017 - 90
Construction Today - January 2017 - 91
Construction Today - January 2017 - 92
Construction Today - January 2017 - 93
Construction Today - January 2017 - 94
Construction Today - January 2017 - 95
Construction Today - January 2017 - 96
Construction Today - January 2017 - 97
Construction Today - January 2017 - 98
Construction Today - January 2017 - 99
Construction Today - January 2017 - 100
Construction Today - January 2017 - 101
Construction Today - January 2017 - 102
Construction Today - January 2017 - 103
Construction Today - January 2017 - 104
Construction Today - January 2017 - 105
Construction Today - January 2017 - 106
Construction Today - January 2017 - 107
Construction Today - January 2017 - 108
Construction Today - January 2017 - 109
Construction Today - January 2017 - 110
Construction Today - January 2017 - 111
Construction Today - January 2017 - 112
Construction Today - January 2017 - Cover3
Construction Today - January 2017 - Cover4
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue5
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue5b
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue5a
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue4
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue4a
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue3
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue3a
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue2
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue2a
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue1
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue1a
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue6
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue5
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue4
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue3
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue2
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue1
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201712
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201711
http://digital.construction-today.com/nxtbooks/knighthouse/ct_20170910
http://digital.construction-today.com/nxtbooks/knighthouse/ct_20170708
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201706
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201705
http://digital.construction-today.com/nxtbooks/knighthouse/ct_20170304
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201702
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201701
http://digital.construction-today.com/nxtbooks/knighthouse/ct_20161112
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201610vol2
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201610
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201609
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201608
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201607
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201606
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201605
http://digital.construction-today.com/nxtbooks/phoenix/ct_201604
http://digital.construction-today.com/nxtbooks/phoenix/ct_20160304
http://digital.construction-today.com/nxtbooks/phoenix/ct_20160102
http://digital.construction-today.com/nxtbooks/phoenix/ct_20151112
http://digital.construction-today.com/nxtbooks/phoenix/ct_20150910
http://digital.construction-today.com/nxtbooks/phoenix/ct_20150708
http://digital.construction-today.com/nxtbooks/phoenix/ct_20150506
http://digital.construction-today.com/nxtbooks/phoenix/ct_20150304
http://digital.construction-today.com/nxtbooks/phoenix/ct_20150102
http://digital.construction-today.com/nxtbooks/phoenix/ct_20141112
http://digital.construction-today.com/nxtbooks/phoenix/ct_20140910
http://digital.construction-today.com/nxtbooks/phoenix/ct_20140708
http://digital.construction-today.com/nxtbooks/phoenix/ct_20140506
http://digital.construction-today.com/nxtbooks/phoenix/ct_20140304
http://digital.construction-today.com/nxtbooks/phoenix/ct_20140102
http://digital.construction-today.com/nxtbooks/phoenix/ct_20131112
http://digital.construction-today.com/nxtbooks/phoenix/ct_20130910
http://digital.construction-today.com/nxtbooks/phoenix/ct_20130708
http://digital.construction-today.com/nxtbooks/phoenix/ct_20130506
http://digital.construction-today.com/nxtbooks/phoenix/ct_20130304
http://digital.construction-today.com/nxtbooks/phoenix/ct_20130102
http://digital.construction-today.com/nxtbooks/phoenix/ct_20121112
http://digital.construction-today.com/nxtbooks/phoenix/ct_20120910
http://digital.construction-today.com/nxtbooks/phoenix/ct_201208
http://digital.construction-today.com/nxtbooks/phoenix/ct_201207
http://digital.construction-today.com/nxtbooks/phoenix/ct_201206
http://digital.construction-today.com/nxtbooks/phoenix/ct_201205
http://digital.construction-today.com/nxtbooks/phoenix/ct_201204
http://digital.construction-today.com/nxtbooks/phoenix/ct_201203
http://digital.construction-today.com/nxtbooks/phoenix/ct_201202
http://digital.construction-today.com/nxtbooks/phoenix/ct_201201
http://digital.construction-today.com/nxtbooks/phoenix/ct_201112
http://digital.construction-today.com/nxtbooks/phoenix/ct_20111011
http://digital.construction-today.com/nxtbooks/phoenix/ct_201109
http://digital.construction-today.com/nxtbooks/phoenix/ct_201108
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201107
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201106
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201105
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201104
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201103
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201102
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201101
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201012
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201011
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201010
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201009
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201008
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201007
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201006
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201005
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201004
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201003
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201002
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201001
http://digital.construction-today.com/nxtbooks/schofield/ct_200912
http://digital.construction-today.com/nxtbooks/schofield/ct_200911
http://digital.construction-today.com/nxtbooks/schofield/ct_200910
http://www.nxtbook.com/nxtbooks/schofield/ct_200909
http://www.nxtbookMEDIA.com