Directory:Foundation Strategies Inc.

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Foundation Strategies
FSI logo
SloganIntegrity & Innovation
Type [[Company_Type:=Private|Private]]
Founded [[Year_Started:=2001|2001-01-01]]
FounderShelly Coonrod
Headquarters Template:Country data US [[City:=Katy|Katy]], [[State_Name:=Texas|Texas]], [[Country_Name:=United States|USA]]
Key people[[Key_Person1:=Shelly Coonrod|Shelly Coonrod]], CEO
[[Key_Person2:=Charles Coonrod|Charles Coonrod]], Principal [[Key_Person3:=Michael Milligan|Michael Milligan]] IT
IndustryEmployee Benefits Brokerage
RevenueGreen Arrow Up.svg US$X (2007)
Operating incomeStraight Line Steady.svg US$ X (2007)
Net incomeStraight Line Steady.svg US$X (2007)
Employees6 (2007)
OwnerShelly Coonrod
Contact Foundation Strategies
6701 Highway Blvd, Suite 212
Katy, TX  US  77494
[ Email]
Reference Year End: 12/31
Entity: [[Entity_Type:=Corporation|Corporation]]
Foundation Strategies is a boutique employee benefits brokerage firm in Katy, TX and client of Page Creations
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Foundation Strategies is a boutique Employee Benefits brokerage firm dedicated to providing employers clear, concise and honest direction in the ever changing world of employee benefits. Integrity & Innovation is more than just our motto, these words form the cornerstone of our company, defining who we are and how we approach our business. We’ve built our company from the ground up with integrity and innovation always in mind. As we grow, we continue to provide honest advice and strategic direction to deliver creative benefits solutions just for you.

Our Commitment to Customer Service

At FSI, our focus is you, the customer. We understand that your workplace is unique and requires a benefits program tailored to fit your environment. We maintain a low client to consultant ratio so we can stay focused on providing cost-effective, innovative solutions designed to meet your needs – today and in the future. ABOUT Maximize the Value of Your Benefits Program We provide a wide range of flexible services and custom design benefits to suit your organization’s labor landscape. Our focus is on creating functional, cost-effective benefits solutions that match the dynamics of your company--today and in the future. We’re Part of Your Team At FSI, we become an extension of your company’s existing benefits staff at the level you define. Our experienced consultants stay current on the latest product innovations and cost saving opportunities in the benefits industry and share that expertise with you on an ongoing basis. Find out more about us.

At FSI, You Get

  • Proactive, strategic, straightforward advice
  • Clear, detailed reporting
  • Old-fashioned, hands-on client service
  • Creative, effective benefit options
  • Low client to consultant ratio

Services and Customer Solutions

Custom-Designed, Flexible Benefits Solutions As a comprehensive benefits brokerage and consulting firm, we provide a wide range of flexible programs and services for companies of all sizes. Our experienced consultants work with your organization to design the most cost-effective, functional benefits solutions available. We give you honest advice, help you implement your benefits program and provide ongoing assistance to make sure you continue to get maximum value.

Depending on your requirements, we provide some or all of the following services.

Account Management Services and Support

  • Competitive bidding of any coverage, as needed
  • Assistance in committee or board presentations
  • Claim compliance and problem resolution
  • Contract and SPD compliance and review
  • Stop loss procurement, intervention and reimbursement assistance
  • Billing or eligibility assistance
  • Health fair assistance
  • Enrollment assistance, including meeting and presentations
  • International benefits; design and implementation

Assessment, Tracking Reports, Ongoing Assistance

  • Monthly, quarterly and yearend financial tracking reports detailing employee contributions, plan costs, plan analysis, summary reports and strategy planning
  • COBRA rate development and annual adjustments
  • Renewal assistance, including financial and plan negotiations
  • Budgeting assistance including plan projections and estimated plan change savings.

Government Compliance Assistance

  • 5500 Schedule A preparation assistance
  • HIPAA/Privacy Compliance auditing*
  • HR practices consulting*
  • services provided through strategic partners.

We’re Ready to Get Started

Let us recommend a well thought-out strategy designed just for your company.

Strategic Plan Development:

What’s Your Ideal Employee Benefits Program? Developing a top-notch strategy requires collaboration and creativity. First, we initiate a plan development process to help you define your dream employee benefits program. Then we help you prioritize your wish list and work with you to design and implement the most functional, cost-effective benefit option for your size company.

We’re Proactive and Forward Thinking We understand the uniqueness of your organization and your employees. That’s why we take a pro-active, forward-thinking approach when we map out the strategy that best fits your organization.

Vendor Management

Superior Service with a Low Client to Consultant Ratio One of the areas we excel in is providing superior vendor management. Why? Because our first priority is service, period. In an industry that’s moving toward more automation and away from personal interaction, we maintain our commitment to being available and attentive to our clients. It’s not unusual for some carriers to assign 50-100 accounts to a client service representative. This translates to an average of less than three hours of actual account management service per month. That’s not acceptable by our standards.

At FSI we deliberately keep our client to account manager ratio low so that we can deliver the hands-on service we’re known for. This ratio sometimes varies slightly based on client size and complexity, but it never goes over 10 clients to 1 consultant.

Service that Sets the Standard As a standard part of our service, we’re also available to help you with a wide variety of issues that impact your workplace.

  • Claim compliance and problem resolution
  • Contract and SPD compliance and review
  • Billing or eligibility assistance
  • Enrollment assistance, including meetings and presentations
  • Competitive bidding of any coverage, as needed
  • Stop loss procurement, intervention and reimbursement assistance
  • Assistance in committee or board presentations
  • Health Fair assistance
  • International benefits design and implementation
  • Other assistance as necessary (communication review, train-the-trainer meetings, focus group surveys, and more)

Strategic Partnerships

We Use Strategic Partners to Offer You Even More Services We rely on a host of strategic partners to offer our clients a cadre of other services including:

  • HIPAA privacy auditing and compliance assistance
  • Group health plan claim audits (Health Insurance)
  • HR practices consulting

Financial Plan Analysis

Your Benefits Strategy Begins with Comprehensive, Useful Data At FSI, we understand the genesis of any meaningful analysis begins with the collection of comprehensive data. We work closely with your vendors to gather plan information and consolidate it into regular reports for you. This gives us a depth of decision support information we use to monitor the strategic direction and design of your benefits program.

Depending on the size of your company, a standard set of reports may include some or all of the following:

  • Detailed employee contributions
  • Plan Accounting
  • Plan costs set on a employee and on a member basis
  • Aggregate stop loss reporting
  • Calendar year or fiscal year group health plan reconciliation
  • Retiree accounting for FAS 106 accounting and reporting

Ongoing Rate Development, Plan Projections and Negotiation Assistance In addition to reporting, we provide assistance in these areas as well.

  • COBRA rate development and annual adjustments
  • Renewal assistance, including financial and plan negotiations
  • Budget assistance including plan projections and estimated plan change savings



The FSI team.

Got a Question or Query for FSI? Then please feel free to contact us using the form below and be sure to include all information with an asterisks.

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See Also

External Links