NUMBER OF EMPLOYEES: 600
CLIENT SINCE 2018
Client had a long-term relationship with the same broker for over 35 years, but were not seeing any benefit from partnership
BSI reviewed data and was able to negotiate no new lasers and capped rate increases
Plan Design Optimization
Added Health Savings Account (HSA)
Projected $5 Million in savings over the next 5 years without shifting costs to employees
Implemented Telemedicine
Ancillary
Life, STD, LTD (matching benefits) – $300,000 in projected savings within 3 years
Addition of voluntary life & guaranteed issue of $150,000 for all employees
Employee Assistance Program (EAP) – No additional cost to employer
$5,000,000
PROJECTED 5-YEAR SAVINGS

$300,000
PROJECTED 3-YEAR ANCILLARY SAVINGS

$150,000
ADDITIONAL GUARANTEE ISSUE FOR ALL EMPLOYEES