SITUATION

“I run a growing company that has outgrown its medical plan. What can you do for me?”

For years, this successful, family-owned business has offered its employees a simple, affordable medical plan. The plan covers most of the workers’ medical expenses, and premiums are low. Because of this, plan and claims costs are skyrocketing.

SOLUTION

RJ Ahmann reviewed the current plan and the company’s claim history. We then suggested a multi-tiered alternative that offered employees freedom to choose from three coverage options.

The company’s traditional coverage was still available on a voluntary basis. Employees could also opt for a new plan that cost them (and the company) less. A third option, an HSA plan at no cost to the employees, was also offered.

The following year, employees on the expensive, traditional plan were migrated to one of the two other choices, and the original plan was retired. The company increased its contribution to the second option to make it more attractive, while continuing to provide the no-cost HSA.

 During this second year, RJ Ahmann also worked with one of our contacts to create a company-wide wellness program. This new program improved overall employee health and morale, while it reduced claims costs. The company reinvested the savings in its people, offering employees cash incentives and prizes for losing weight, quitting smoking, and more.  The result was an affordable, comprehensive health care program that employees and the company could both feel good about.