Company Redesigns Benefit Plan To Offer Employees A Financially Sensible Option

A company was providing a high-cost health care plan to its employees. While the plan offered more choice, the cost to employees was well above a level at which they could comfortably afford. Although employers like to provide choices for their employees, it’s their responsibility to protect their employees from a bad insurance choice.

Challenge:
To offer an affordable benefit option with valuable services to employees.

Solution:
The company was offering a higher cost medical plan that didn’t provide an equitable richer benefit.  It was the equivalent of paying $0.69 for two 10 ounce cans of green beans when you could have purchased one 24 ounce can for a dollar. This plan had 50 people enrolled. JS Clark did a thorough analysis of the company’s current offerings.  A JS Clark Account Executive with numerous years of expertise and experience adjusted the company’s plan design to achieve better results.

Results:
The JS Clark solution resulted in the elimination of the higher cost benefit plan. It was replaced with a financially sensible option for enrolled employees while maintaining the same provider network. The employee’s maximum liability was reduced by $500 a year.





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