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