Private Sector Client
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