NUMBER OF EMPLOYEES: 1,200
BSI CLIENT SINCE: 2017
BSI successfully implemented a high deductible health plan (HDHP) with an HSA
BSI participated in over 100 in-person meetings and conference calls
BSI negotiated an Rx contract with $480,000 in savings without a change in carrier, benefits or formulary
Projected 5-year cost avoidance: $15 Million
BSI negotiated a stop loss renewal with $135,000 in savings
BSI developed and implemented action plan that successfully enrolled approximately 70% of all members in program
Projected savings from telemedicine program: $375,000+ per year
BSI negotiated $30,000 in employer paid life savings and added voluntary life, AD&D and long-term disability benefits for all full-time employees
The addition of benefits resulted in over 40% participation in these plans
$15,000,000
5-YEAR MEDICAL PLAN COST AVOIDANCE

$375,000
TELEMEDICINE SAVINGS

$480,000
Rx SAVINGS

$135,000
STOP LOSS RENEWAL SAVINGS