Cost Containment
Fit for any size group & funding arrangement
Works for any size group (3 lives and up) and with any type of funding arrangement (fully insured, level, self funded).
No TPA/Carrier switch. Easy to implement
Switching TPAs or carriers can be a heavy lift. Our cost containment solutions allow the group to stay put eliminating the switching headaches.
Saves costs with a great member experience
Groups save 15-20% on average or about $3k annually per member. The white glove service is built to make the experience as seamless as possible.
Case Study
Challenge
- 100 life fully insured group that continually received 10%+ in annual renewal increases
- Want to build a sustainable long term strategy that saved them money on an annual basis
- Ensure that members are not disrupted while maintaining great benefits
Solution
- Ran an analysis and determined with the broker that our Hospital Indemnity supplemental coverage solution would be a fit
- Added additional HDHP plan design coupled with our Hospital Indemnity solution
- Provided richer benefits with less out of pocket exposure
Results
- Solution resulted in savings of $3,400 per member per year while establishing a long term strategy