NUMBER OF EMPLOYEES: 100
BSI CLIENT SINCE: 2019
Client was facing a 40% medical increase on their fully insured plan – 30 days from renewal
The client was referred to BSI by one of their industry colleagues
BSI analyzed their medical renewal data and claims history and was able to turn a 40% fully insured renewal into an 19% renewal within one week
Client qualified for BSI CORE – buying power of BSI CORE coupled with BSI’s exclusively negotiated best in class, fixed fee arrangements delivered a level funded renewal of 10%
Client will save money their first year with BSI CORE and will have the advantage of 100% return of surplus – no lasers, capped renewals and full transparency of data
BSI delivered nearly $300,000 total savings within 7 days of being hired
BSI implemented a telemedicine benefit at no additional cost to employees
Telemedicine benefit includes a nurse advocacy program that will drive employee satisfaction and improve claim trend over time
$300,000
FIRST YEAR SAVINGS

30%
RENEWAL DECREASE WITH BSI CORE

100%
SURPLUS RETURN