NUMBER OF EMPLOYEES: 900
BSI CLIENT SINCE: 2017
BSI conducted a full market review in search of pharmacy savings
BSI completed a line-by-line claims reprice
Competing carriers were required to reprice 23,000 historical claims from 2016 by matching the benefits, prior authorization rules, step therapy rules and quantity limits
Results: carrier improved their contracting by $300,000 in improved rebates and greater discounts with no benefit, carrier or formulary change
Secured stop loss provisions with rate caps on the renewal increase
Prevented stop loss carrier to laser or exclude future high claimants
Added $0 employee cost telemedicine benefit
Projected telemedicine savings of over $150,000
BSI negotiated $22,000 in ancillary benefits, while also increasing the guarantee issue for employees and spouses
BSI achieved 48% participation in the voluntary benefits offering
$10 MILLION
PROJECTED 5-YEAR SAVINGS

61.9%
ANNUALIZED TELEMEDICINE UTILIZATION

$110,000+
TELEMEDICINE SAVINGS