Proven results

Self-funding group health insurance

Client: Precast concrete producer

Plan: Self-funded group plan utilizing Cigna network

Challenges

  • New Human Resources team
  • No claims transparency under previous plan 
  • Inability to manage claims and healthcare spend
  • Consistent premium increases, up to 20% each year
  • Inexperience with alternative funding methods

Deliverables

  • Offered funding alternatives to standard, fully-insured plans 
  • Guided client to best-cost solution 
  • Developed clear strategy to create consistent, long-term savings
  • Stop-loss negotiation experts found carrier that provides the best option
  • Provided dedicated, experienced client support team to reduce administrative burdens
  • Ongoing investigations resulted in real-time savings for client
a female air conditioning technician with her supervisor on a roof top of an office block . They are performing routine servicing of the air conditioning units , and are wearing safety equipment .

Results

9-year

history of consistent savings

$1 million

savings found through claims audits

65%

of previous billing reduced through reference-based pricing

$11,000

found in billing errors through audits

Interested in ideas for saving on your employee health insurance?

CONTACT US

  • ADDRESS:
    318 Huntingdon Pike
    Rockledge, PA 19046

    PHONE:
    215-663-8000

    FAX:
    215-663-8299