Public/Fire District

Challenge:
250+ employee fire district, with retiree coverage. Insurance trust platform was not meeting the needs and goals of the members and district. Desired greater control over benefit plan designs, costs, retention of cash reserves, strategy, education, wellness, technology, day to day service and compliance. They sought to begin a new relationship with a trusted consultant partner.

Solution:
Completed thorough review of existing programs, vendors, and performance. Conducted market analysis. Designed new strategy based upon discovery with all stakeholders within the organization, vetted and selected new stop loss carrier and administrator, implemented new benefits programs for active and retiree members.

Impact:

Participation in the HSA plan increased from 55% to 100%. Created savings to produce HSA fund of $800 per employee annually.  No reduction in benefits for 5 years. Actuarial plan value enhanced.