THE SCENARIO 

• 300 Employees, Hospital 

• Multiple medical plan offerings with different networks, creating internal confusion

• Multiple carriers for Dental, Vision, Disability, Life andSupplemental Benefits

• Aflac coverage in place with unnecessary product options (Dental and Vision)   

• Low participation in Voluntary Term Life and Flex due to lack of education    

• Annual Enrollment was done on paper for all benefits    

• Close to 30% turnover

 

THE SOLUTION

• Broker consolidated medical plan into single plan offering with $1,000 deductible   

• Consolidated Disability, Life and Supplemental Benefits with one carrier

• Replaced Aflac coverage with more comprehensive, less expensive benefit options    

• Provided one-on-one consultation to educate employees on benefits offering

• Incorporated online enrollment system to educate and capture all benefit elections

 

THE RESULTS

• Single Medical plan option was better understood by employees  

• Streamlined Administration for employer by consolidation of

• Benefits and shift to paperless environment    

• Increased Dental participation from 20% to 35%     

• Increased Vision participation from 24% to 38%    

• Increased Voluntary Life participation from 10% to 48%

• Increased FSA participation from 26% to 42%   

• Increased worksite participation by 52% with only a 4% increase in premium.

• Provided all benefit elections electronically eliminating paperwork and manual data entry

• Perpetual call-center strategy for new hires addressing 30% turnover